5.76 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||5.66 x 1100|
|Ask||8.00 x 1100|
|Day's Range||5.71 - 6.03|
|52 Week Range||5.01 - 7.24|
|Beta (3Y Monthly)||0.86|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 2, 2018 - May 7, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.42|
WOODCLIFF LAKE, New Jersey, March 17, 2019 /PRNewswire/ -- I.D. Systems, Inc. (IDSY), a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, and Pointer Telocation Ltd. (PNTR) (PNTR), a leading provider of telematics and mobile IoT solutions, will be presenting at the 31st Annual ROTH Capital Conference, being held on March 18-19, 2019 at the Ritz Carlton in Dana Point, CA. On March 13, 2019, the companies entered into a definitive agreement whereby I.D. Systems will acquire all of the outstanding shares of Pointer in a cash and stock transaction valued at approximately $140 million.
IDS, a provider of enterprise asset management and Industrial Internet of Things (IoT) technology, will purchase the remaining shares of Pointer, an Israel-based telematics and mobile IoT solutions provider, for $72 million and around 11 million shares of PowerFleet, Inc., according to a release. The companies will combine under the name of PowerFleet and expect to see a cost savings of $3.5 million in the first 12-18 months of the acquisition. "We believe this is a transformative acquisition for I.D. Systems and our industry, as it combines our market and product leadership in North America with Pointer's technology leadership, supply chain acumen and broad international footprint," IDS CEO Chris Wolfe said. "The acquisition builds on a two-year strategic working relationship with David and the Pointer team, where we have been co-developing numerous award-winning products.
The private investment firm plans to invest $50 million in convertible preferred equity in the combined company concurrent with the closing of the merger.
- Creates Leading, Global IoT Telematics Software and Solutions Company to be Rebranded PowerFleet, Inc. - Combined Company with 500,000+ Monthly Subscribers at Closing and Expected 600,000+ Subscribers ...
2018 Revenues Up 30% from Prior Year to Record $53.1 Million WOODCLIFF LAKE, N.J., March 06, 2019 -- I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset.
NEW YORK, NY / ACCESSWIRE / March 6, 2019 / I.D. Systems, Inc. (NASDAQ: IDSY ) will be discussing their earnings results in their 2018 Fourth Quarter Earnings to be held on March 6, 2019 at 4:45 PM Eastern ...
I.D. Systems, Inc. (IDSY), a leading provider of enterprise asset management and industrial Internet of Things technology (IoT), today announced an agreement with Robert Heath Trucking for the deployment and installation of the PowerFleet for Logistics refrigerated and ELD compliant solutions. Founded in 1939, Robert Heath Trucking is a leading middle market refrigerated trucking operation transporting highly sensitive food products throughout the central and western half of the United States. “Having a great customer like Robert Heath deploy both our refrigerated trailer systems and our in-cab units with ELD is a testament to the value of our recent CarrierWeb acquisition,” said Norm Thomas, VP and GM of I.D. Systems’ Logistics Visibility group.
Every investor in I.D. Systems, Inc. (NASDAQ:IDSY) should be aware of the most powerful shareholder groups. Institutions often own shares in more established companies, while it's not unusual to seeRead More...
WOODCLIFF LAKE, N.J., Feb. 26, 2019 -- I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology,.
I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things technology, has been named a recipient of Heavy Duty Trucking’s Top 20 Products of 2018 Award for its LV Asset and Cargo Visibility Series (LV Series), a suite of products that raises the bar in technologies targeting the logistics industry. Each year, Heavy Duty Trucking editors attend press conferences and review an array of news releases on the latest new products for trucking that have appeared in the magazine or on the Truckinginfo.com website.
I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, announced today a multi-year fleet management system agreement covering several thousand units with Jungheinrich AG (JGHAF), a leading solution provider in intralogistics. Jungheinrich will leverage I.D. Systems’ PowerFleet technologies to track and manage forklift fleets for their customers. Through this partnership, Jungheinrich will combine its world-class expertise with the industry leading telemetry capabilities of I.D. Systems to offer the best choice of digital products on their Material Handling Equipment.
I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things (IoT) technology, has acquired the U.S.-based assets of telematics provider CarrierWeb, an Atlanta-based provider of real-time in-cab mobile communications technology, electronic logging devices (ELDs), two-way refrigerated command and control, and trailer tracking. The acquisition allows I.D. Systems to offer a full complement of highly-integrated logistics technology solutions to its current customers and prospects, and immediately adds more than 70 customers, including the Customized Distribution Division of foodservice industry leader Performance Food Group (PFG). “The acquisition is immediately additive because it allows us to sell complete bumper-to-bumper telematics solutions, with higher monthly revenues, covering in-cab, refrigerated trailers, dry van and containers both to I.D. Systems’ existing customers as well as to potential customers whom we have not been able to address previously.
We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. The flip side of that is that there are more Read More...
Companies were invited to submit their products, and nearly 3,000 MHPN readers decided the winners in 12 categories, and PowerFleet Essence won the Automatic Data Capture category. PowerFleet Essence consists of the OC53 operator console mounted on the industrial truck and the PowerFleet Control Center app downloaded to an iPad or iPhone. “This award is a testament to the quality products we are developing for the industrial truck market segment,” stated Mark Stanton, Vice President and General Manager of I.D. Systems’ PowerFleet division.
WOODCLIFF LAKE, N.J., Jan. 11, 2019 -- I.D. Systems, Inc. (NASDAQ: IDSY), a leading provider of enterprise asset management and Industrial Internet of Things technology, will.
Avis Budget Group, Inc. (CAR) will connect an additional 75,000 vehicles to its cloud-based, next generation platform through the installation of in-vehicle telematics devices provided by I.D. Systems, Inc. (IDSY). “We’re taking advantage of both OEM and third-party solutions as we move closer to our industry-leading goal of a fully connected fleet in 2020,” said Arthur Orduña, chief innovation officer, Avis Budget Group.
ID Systems Inc's (NASDAQ:IDSY): I.D. Systems, Inc. develops, markets, and sells wireless machine-to-machine solutions primarily in North America. The company’s loss has recently broadened since it announced a -US$3.9m loss Read More...
NEW YORK, Nov. 14, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
I.D. Systems (IDSY) delivered earnings and revenue surprises of 0.00% and 8.64%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?