New Zealand-based ICT company Imarda has sealed a $12 million deal with a major US freight company.
Chief executive Selwyn Pellett expects it to be the biggest information communication technology deal to come out of New Zealand this year, The New Zealand Herald reported.
Imarda designs, manufactures and distributes technology for fleet management.
A confidentiality agreement prevents Imarda from revealing the name of its partner, but Mr Pellett said it was a large, publicly listed freight-carrying business.
The contract involves an industrial-grade communications system for vehicles, known as Vector 300. Designed in this country, the technology captures data from multiple sources including engine management systems, satellites and G-Force sensors.
The data is analysed to help the customer control its fleet.
