IPO FleetMatics (FLTX) is a provider of fleet management solutions delivered as software-as-a-service, or SaaS. They offer Web-based and mobile application solutions that provide fleet operators with visibility into vehicle location, fuel usage, speed and mileage and other insights. The majority of their customers are small and medium-sized businesses, or SMBs, each of which deploy their solutions in 1,000 or fewer vehicles.
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