Rubicon Acquires German Vehicle Routing Vendor CIVIX
Rubicon Technologies, a company that provides software and hardware to optimize trash and recycling operations — collecting data along the way — is acquiring a German vehicle software firm.
The buyout, which comes ahead of Rubicon going public via a special purpose acquisition company, brings in a long-standing software firm with a European presence to the U.S.-based, relatively young Rubicon. The company’s name is CIVIX, not to be confused with the American company Civix, which provides a range of software to government including elections operations, land management and business registration. The German CIVIX was founded in 1999 and sells the FleetRoute software, designed to handle complex vehicle routing needs.
“On behalf of our team, we are thrilled to have joined the Rubicon family to do our part in accelerating the company’s mission to end waste,” said Dr.
Paul Patterson, president of CIVIX, in a press release. “Rubicon has partnered with FleetRoute for several years, and now with this acquisition we will be able to directly integrate our best-of-breed technologies and leverage the synergies between them to bring our customers to new levels of efficiency and performance.”
Rubicon’s technology already included routing, but also a host of data-focused functionality such as the ability to verify when trash and recycling has been picked up as well as vehicle health and driver safety monitoring.
Via customized smartphones, the company also uses fleet vehicles — not just garbage trucks — to gather data on street features such as potholes and graffiti.
“This acquisition will help Rubicon provide current and future public- and private-sector customers with an expanded level of service and will enhance our ability to deliver on the promise of creating more efficient, effective, and sustainable waste and recycling services for communities,” said Rubicon Chief Strategy Officer Michael Allegretti in the statement.
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