CalAmp Corp.
Price
$0.07
Today
+0.0%
YTD
+0.0%
CalAmp Corp. is an American technology company that provides cloud services, data intelligence, Internet of Things software applications, and telematics products and services. Based in Irvine, California, the company was originally established in 1981 as a military supply company. Today, the firm serves businesses worldwide via 16 international offices, supporting digital transformations with a range of interconnected services. The firm’s products include fixed and mobile wireless gateways, mobile telemetry units, asset tracking and recovery, and wireless router transmission for machine resource management (MRM) and machine-to-machine (M2M) communication. The firm has installed more than 20 million products, with a total of over 10 million devices actively managed on the platform and around 650,000 subscribers to its services and software solutions. CalAmp serves a range of markets and industries including energy, government, transportation, insurance, consumer goods, and automotive. The firm also provides solutions for K-12 education markets with innovative fleet management tools such as Bus Guardian, a school bus technology that includes contact tracing, hygiene verification, and driver wellness checks. The firm has grown through acquisition, having acquired companies such as Synovia Solutions, TRACKER, and LoJack. CalAmp is listed on the NASDAQ and trades under the ticker CAMP. Learn more about the share price performance of CAMP stock on eToro.
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