MSD Telematics acquires Heuristics Info Systems

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Press Trust of India New Delhi
Last Updated : Jan 18 2017 | 6:57 PM IST
MSD Telematics today said it has acquired Heuristics Info Systems in an all cash deal.
The financial details of the deal were not disclosed.
"This investment will fuel our ability to deliver greater value to customers by enabling us to offer complete bouquet of services. Heuristics gives us the ability to now service international clientele with innovative and robust software solutions," MSD Telematics Founder Ashmeet Singh said.
Founded in 2008 by Amit Dubey and Pradeep Rai, Heuristics offers vehicle tracking system and mobile application software. Following the acquisition, Dubey will join MSD Telematics as a board advisor.
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First Published: Jan 18 2017 | 6:57 PM IST

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