In an unsurprising--albeit, still painful--move, San Diego-based fleet management software developer Omnitracs is moving its headquarters, and a significant number of jobs, to Dallas, Texas. The move--which has been in the works since at least February--follows the company's acquisition by Vista Equity Partners back in August of 2013. Omnitracs was formerly part of Qualcomm. Texas Governor Rick Perry said the state paid $3.9M in an investment in Omnitracs to spur the move, which takes 450 jobs out of San Diego. Omnitracs is the third, major San Diego employer lost to Texas as a result of an acquisition by Vista Equity Partners, which so far has acquired and moved Websense, Active Network, and Omnitracs all out of San Diego and to Texas.
Top NewsFriday, July 18, 2014
Omnitracs Moves To Texas