Verizon Accelerates Growth in Machine-to-Machine Services

through the acquisition of HUGHES Telematics.

The addition of HTI will expand and accelerate Verizon Enterprise Solutions’ capabilities for automotive, transportation, health care and other industries to uncover and launch new business opportunities, driven by safety improvements, consumer trends and increasingly connected lifestyles.

According to John Stratton, president of Verizon Enterprise Solutions are Machine-to-machine services beginning to play a vital role reshaping the business landscape and setting new consumer expectations about establishing valuable connections in their vehicles, their homes and the world around them.  The combination of Verizon and HTI will create a springboard for their clients to expand their business models and strengthen their customer relationships by creating new opportunities for connected services that address the increasingly sophisticated consumer and enterprise.

HTI is a leader in implementing the next generation of connected services for vehicles, centered on a core  platform of safety, security, convenience and infotainment offerings targeting commercial fleet operators, aftermarket and original equipment manufacturer (OEM) offerings as well as products and services for mHealth providers and users.

Verizon plans to retain  HTI’s existing management team and operate the new unit as a subsidiary and as part of the Verizon Enterprise Solutions group.  The business will continue to be headquartered in Atlanta.

Verizon Enterprise Solutions creates global connections that generate growth, drive business innovation and move society forward. With industry-specific solutions and a full range of global wholesale offerings offered over the company’s secure mobility, cloud, strategic networking and advanced communications platforms, Verizon Enterprise Solutions helps open new opportunities around the world for innovation, investment and business transformation.