This Huntingdon company provides software that uses GPS to track mobile assets remotely, including vehicles, boats and mining equipment. In January 2010Cybit delisted from the London Stock Exchange when the private-equity house Francisco Partners acquired 100% of the share capital for a reported £22.8m.Clients include Fujitsu, Carlsberg and Kwik-Fit Mobile. Cybit has also been appointed supplier of race-management systems for the Volvo Ocean Race and theP1 powerboat series. Recent acquisitions in Germany and Sweden have improved the company’s European presence, and overseas sales have grown 117% a year, from £1.4m in 2007 to £6.5m in 2009.
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