This Cambridgeshire company designs GPS tracking software and provides consultancy services for businesses that want to improve their efficiency. Cybit’s systems can track the vehicles in a company’s fleet and give reports on their progress. Its main clients include Kwik Fit, Carlsberg, Fujitsu and Volvo Construction Equipment. Cybit has grown internationally and has customers in more than 20 countries. In January, the company was delisted from the London Stock Exchange with an undisclosed amount of backing from the American private equity house Francisco Partners, which hired chief executive officer Bill Henry from Tom Tom, the satnav maker. Sales grew 36% a year from £10.2m in 2006 to £25.5m in 2009.
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