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CalAmp signs $25M contract
Oxnard-based wireless products maker CalAmp Corp. has signed a $25 million contract with Navman Wireless for fleet-tracking products. CalAmp said May 7 that under the five-year deal, it has purchased several products and technologies from Navman and set up a research and development center in New Zealand that is staffed by 14 employees brought over Read More →
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New CalAmp CEO walks in as focus shifts
CalAmp is back. The Oxnard-based firm, which trades on the Nasdaq and has a 98,0000-square-foot facility in the Tri-Counties, had a brush with death when it temporarily lost a huge customer and revenues halved. But analysts say the company’s turnaround team has righted the ship and handed off power to a new CEO.
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