It received initial funding from a unit of AirTouch Communication (formerly known as Pacific Telesis)[2] in exchange for 49% equity of the company.

Teletrac was purchased from Airtouch in 1996 by James McQueen and its headquarters were moved to Kansas City, MO.

[3] The company was floated on the London Stock Exchange in 1994 and expanded into Germany and other countries; it added fleet management and stolen vehicle tracking to its services.

[5] In early 2002, the company pulled out of the fleet management market in Europe after issuing two profit warnings.

[6] Trafficmaster plc was purchased by private equity firm Vector Capital in 2010, in a deal valued at $145 million.

[11][12] Teletrac merged in 2015 with Taiwan-owned Navman Wireless, a maker of GPS navigation devices, and the resulting company was headquartered in Glenview, IL.