ERM Telematics

ERM Electronic Systems Ltd.
ERM Advanced Telematics
Subsidiary of a public company (NASDAQ: ITRN),(TASE: ITRN)
Industry

Telematics, Vehicle Tracking,

Vehicle Security
Founded 1985
Founder Meir Hayman
Headquarters Rishon LeZion, Israel
Area served
 Worldwide
Products Tracking Devices, Driver Behavior Devices
Vehicle Alarm and Immobilizers
Services Vehicle Tracking System
Fleet Management Services
Owner Ituran Group, Meir Haiman
Number of employees
 78
Parent Ituran
Website www.ermtelematics.com/

ERM Electronic Systems ltd. Aka: ERM Advanced Telematics is an Israeli electronic company focused on the design, development and manufacture of vehicle security & GPS tracking devicess for the telematics and fleet management industry. ERM Advanced Telematics has a global operation offering telematics devices for Stolen Vehicle Recovery (SVR) and Fleet Management (FMS), all incorporated with vehicle security.

As of June 2013, the company manufactured over 950,000 active devices worldwide.

Since 2006, ERM is a subsidiary of Ituran Group (NASDAQ:ITRN).[1]

Corporate history

ERM Advanced Telematics was founded in May 1985 as ERM Electronic Systems ltd by Meir Hayman. The company was focused on vehicle security systems and manufactured its devices using third party manufacturing facilities.

1998 - ERM moved to its new location in Rishon LeZion where, for the first time, launched its new SMT lines and since then all design, manufacturing and assembling is done in-house.

March 2000 - Cellular network based M2M (Machine to Machine), being much cheaper and easy spread due to cellular providers efforts, made its tone and slowly conquered markets from the old RF. Soon, ERM began manufacturing its first line of telematics device - SkyLink.

September 2006 - Ituran, being a public company, acquired 51% of ERM Electronic Systems and started moving all its new customers to GSM/GPS technology based on ERM's devices.[1]

ERM then launched its new StarLink Family of telematics products and started gaining new knowledge about automotive worldwide.

January 2013 - ERM was re-branded as an international manufacturer and changed its name to ERM Advanced Telematics.

March 2015 - ERM launches its ERM Telematics India office in Bangalore

See also

References

  1. 1 2 Ituran buys control of ERM for $2.8m , Globes Sep 2006
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