Traxens Raises 23M€ and Acquires NEXT4 With Goal To Become …

Feb 8, 2022 · The addition of NEXT4’s removable, reusable container-tracking systems is a strategic expansion of Traxens’ business model to target addressable markets and, during this …

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Container Tracking Firm Traxens Raises €23m, Buys Rival NEXT4, …

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Feb 9, 2022 · Container tracking company Traxens, which counts Maersk among its backers, has raised €23 million, and at the same time acquired rival NEXT4. ... YOU ARE AT: Enterprise …

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Traxens Raises More Than US$25 Million And Acquires French …

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Feb 8, 2022 · The funds will be used to fuel Traxens’ international expansion starting with the acquisition of NEXT4, a fast-growing French supplier of removable and reusable shipping …

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Traxens Raises 23M€ And Acquires NEXT4 With Goal To Become …

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Feb 8, 2022 · Traxens, the world’s first smart-container service provider for the global supply-chain industry, announced today it has received a new financing round of €23 million (USD25+ …

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Traxens Raises 23M€ And Acquires NEXT4 - IoT Now

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Marseille, France – Feb. 8, 2022 – Traxens, the smart-container service provider for the global supply-chain industry, announced it has received a new financing round of €23 million …

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FAQs about Traxens Raises 23M€ and Acquires NEXT4 With Goal To Become … Coupon?

Does traxens have a new financing round?

Container tracking technology company Traxens reports that it has completed a new financing round raising €23 million, providing the funding to proceed with an acquisition of fellow French company NEXT4, a supplier of removable and reusable shipping container trackers. ...

Why did traxens add a reusable container-tracking system?

The addition of NEXT4’s removable, reusable container-tracking systems is a strategic expansion of Traxens’ business model to target addressable markets and, during this challenging period for the supply-chain, ensures almost immediate availability of at least one of the two technology solutions for Traxens’ customers. ...

Why is traxens a global company?

This alliance positions them to grow Traxens to be the No. 1 company in the international market of overseas cargo visibility, through sharing their technological expertise in tracking devices. Since its launch in 2012, Traxens has become the reference in shipping container tracking. ...

Who is Next4 & who owns traxens?

NEXT4 will operate as a wholly owned subsidiary of Traxens and will remain in Toulouse. In addition to remaining as CEO of NEXT4, Rosemont will serve as Traxens’ chief marketing officer. Combining their offers gives customers the choice of permanent and or removable trackers, ‘A Unique Option’ in the Companies’ target markets. ...

Why should you integrate Next4 into traxens?

“Integrating NEXT4 into our company dramatically increases our ability to serve the growing needs of our customers as they digitize their business processes, while adding freight transparency, cargo security and goods integrity,” said Traxens CEO David Marchand. ...

Who is traxens?

Since its launch in 2012, Traxens has become the reference in shipping container tracking. Through the strong collaboration established with the three main shipping lines, as shareholders, it introduced its smart container solution. ...