Bridgestone Corp. purchased iTrack Solutions from U.K.-based Transense Technologies.
iTrack is a global provider of tire management solutions for the off-the-road (OTR) vehicle market. The business offers a tire pressure monitoring system (TPMS) specially designed for mining tires.
In addition to tire temperature and pressure monitoring, the iTrack tire management platform provides customizable geofencing, speed alerts and more aimed to help mining customers optimize their operations for increased productivity and profitability, the company says.
“This acquisition helps move Bridgestone closer to its goal of becoming a leader in sustainable and advanced mobility solutions,” says Tomohiro Kusano, vice president and senior officer of mining, aircraft and agriculture solutions business at Bridgestone.
Bridgestone entered into a joint collaboration agreement with Transense in August 2019 and began referring OTR customers to the iTrack solutions platform at that time. It will expand this offering to additional OTR customers as it fully integrates the solution into its portfolio, the company says.
All iTrack employees will join Bridgestone as part of the acquisition.
