MiX Telematics Limited (JSE:MIX) is looking for acquisitions. Stefan Joselowitz, President and Chief Executive Officer said, "As we continue to grow and evolve as a company, strategic M&A remains an important component of our business strategy. We are committed to finding attractive means of adding value to our subscriber base and technology portfolio.

Through that end, we have a dedicated team in place that is focused on identifying and evaluating potential acquisition opportunities. Our team is continuously monitoring the market for companies and assets that align with our strategic goals and that can help us to scale our presence in the U.S. and abroad".