Daimler invests $50M for Zonar’s tracking tech

Daimler Trucks North America is investing $50 million for fleet tracking technology from Seattle-based Zonar Systems, making the Portland-based truck company a minority stakeholder in Zonar. But Daimler’s $50 million does not lock Zonar into an exclusivity agreement. “We will continue to make our own products that sell to all fleets,” said Zonar’s Brett Brinton.