Friday, July 18, 2014
Omnitracs Moves To Texas
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.