Michelin acquires telematics provider Masternaut

Michelin has bought French telematics provider Masternaut in a bid to speed up the development of its services and solutions business for light vehicles and fleets. Michelin says the acquisition will enable Masternaut to roll out its offering across Europe by taking advantage of Michelin’s geographical coverage. It is also expected to improve product performance and develop data science deployments such as predictive maintenance. Florent Menegaux, managing general partner at Michelin, says: “Mastern