Wireless products, services and solutions provider CalAmp (NASDAQ: CAMP) will leverage its acquisition of LoJack to enter the cold chain and supply chain visibility markets with CalAmp Supply Chain Integrity (SCI), an enterprise visibility solution for multinational firms to secure goods in transit, improve supply chain performance and help meet regulatory compliance, the company said.
CalAmp SCI provides its customers in the pharmaceutical, healthcare, biotech, food and consumer goods industries with comprehensive supply chain services that enable the reliable, cost effective and safe downstream transit of goods from manufacture to distribution to the end consumer.
CalAmp is a pure-play pioneer in the connected vehicle and broader Industrial Internet of Things marketplace. The company´s extensive portfolio of intelligent communications devices, robust and scalable telematics cloud services, and targeted software applications streamline otherwise complex Machine-to-Machine (M2M) deployments. These solutions enable customers to optimize their operations by collecting, monitoring and efficiently reporting business-critical data and desired intelligence from high-value mobile and remote assets. CalAmp is headquartered in Irvine, California and has been publicly traded since 1983.