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AddSecure completes Benelux IoT acquisition

AddSecure completes Benelux IoT acquisition

AddSecure has closed its previously announced acquisition of Clifford Group, a multi-brand telematics services company in the Benelux region. The acquisition provides AddSecure with access to advanced mobile security and connected mobility solutions.

“This acquisition is an important step in our European growth strategy as we seek to ensure AddSecure is well positioned in key IoT verticals and to sustain our competitive advantage”, sais Stefan Albertsson (pictured), CEO of AddSecure.

Clifford Group will become part of AddSecure and established as a new business unit, called Smart Mobility, providing telematics and business software solutions within its mobile security and connected mobility segments.

Clifford Group operates under the integrated brands Clifford, Faringwell and Traxgo. Clifford and Faringwell are providers of preventive and reactive vehicle security solutions.

Traxgo is Clifford’s connected mobility business that ensures and improves coordination within fleet management and contributes to a safer driving environment.