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Revision as of 22:02, 17 May 2022 editAtoor22 (talk | contribs)2 edits Updated logo and business type. Messaging no longer states recovery in 26 minutes.Tag: Visual edit← Previous edit Revision as of 16:17, 2 June 2022 edit undoAtoor22 (talk | contribs)2 edits Updated the short description, history, and functionality to accurately depict the new LoJack technology and features since the brand was acquired by Spireon in 2021.Tags: references removed Visual editNext edit →
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'''LoJack''', also known as LoJack by Spireon, is a stolen vehicle recovery system that utilizes GPS to locate users' vehicles from an accompanying app. Dealers can also check battery and inventory status, manage lots, and send targeted marketing campaigns to customers. '''LoJack''' is a stolen vehicle recovery and IoT connected car system that utilizes GPS and cellular technology to locate users' vehicles, view trip history, see battery levels, track speeding, and maintain vehicle health via a native app. Prior to selling a vehicle, LoJack dealers can use the system to manage and locate inventory, view and manage battery health, recover stolen inventory, and more.


==History== ==History==
The LoJack system was created and patented in 1979 by William Reagan, a former Medfield, Massachusetts police commissioner, who went on to establish LoJack Corporation in Medfield. Reagan served as the company's first CEO and Chairman.<ref name="twice1">{{cite web|date=2013-07-08|title=LoJack Founder William Reagan, 78, Passes Away|url=https://www.twice.com/industry/lojack-founder-william-reagan-78-passes-away-7983|website=twice.com|accessdate=2018-06-08}}</ref> The name "LoJack" was coined to be the "antithesis of ]", wherein "hijack" refers to the theft of a vehicle through force. The original LoJack system was created and patented in 1979 by William Reagan, a former Medfield, Massachusetts police commissioner, who went on to establish LoJack Corporation in Medfield. Reagan served as the company's first CEO and Chairman.<ref name="twice1">{{cite web|date=2013-07-08|title=LoJack Founder William Reagan, 78, Passes Away|url=https://www.twice.com/industry/lojack-founder-william-reagan-78-passes-away-7983|website=twice.com|accessdate=2018-06-08}}</ref> The name "LoJack" was coined to be the "antithesis of ]", wherein "hijack" refers to the theft of a vehicle through force.


In 1998, the company began offering its tracking system to the heavy machinery and construction industry, including entering into an agreement with ].<ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/lojack-corporation-history/|title=LoJack Corporation History|website=fundinguniverse.com|date= |accessdate=2018-09-05}}</ref> In 1998, the company began offering its tracking system to the heavy machinery and construction industry, including entering into an agreement with ].<ref>{{cite web|url=http://www.fundinguniverse.com/company-histories/lojack-corporation-history/|title=LoJack Corporation History|website=fundinguniverse.com|date= |accessdate=2018-09-05}}</ref>

In March 2012, the company moved its headquarters to ].<ref>{{cite web|url=http://www.patriotledger.com/x1644242378/LoJack-secure-in-its-new-home-in-Canton|title=LoJack secure in its new home in Canton|website=patriotledger.com|date=2012-03-09 |accessdate=2018-09-05}}</ref>


By 2013, the LoJack system was reportedly operating in 28 states and the District of Columbia and in more than 30 countries. The company reported that more than 1,800 U.S. law enforcement agencies had LoJack tracking computers in their police vehicles.<ref name=twice1/> In November 2013, the company announced they were expanding tracking capabilities to parents, auto makers and insurance companies.<ref>{{cite web|url=https://www.computerworld.com/article/2486217/personal-technology/lojack-system-will-allow-parents-auto-makers-and-insurance-companies-to-track-v.html|title=LoJack system will allow parents, auto makers and insurance companies to track vehicles|website=computerworld.com |date=2013-11-25|accessdate=2018-09-05}}</ref> By 2013, the LoJack system was reportedly operating in 28 states and the District of Columbia and in more than 30 countries. The company reported that more than 1,800 U.S. law enforcement agencies had LoJack tracking computers in their police vehicles.<ref name=twice1/> In November 2013, the company announced they were expanding tracking capabilities to parents, auto makers and insurance companies.<ref>{{cite web|url=https://www.computerworld.com/article/2486217/personal-technology/lojack-system-will-allow-parents-auto-makers-and-insurance-companies-to-track-v.html|title=LoJack system will allow parents, auto makers and insurance companies to track vehicles|website=computerworld.com |date=2013-11-25|accessdate=2018-09-05}}</ref>
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In March 2016, the company was acquired for $134 million by ], an ]-based provider of ] (IoT) software applications, cloud services, data intelligence and telematics products and services.<ref>{{cite web|url=https://www.wsj.com/articles/lojack-agrees-to-134-million-sale-to-calamp-1454363855|title=LoJack Agrees to $134 Million Sale to CalAmp|website=wsj.com|date=2016-02-01|accessdate=2021-08-06}}</ref> In March 2016, the company was acquired for $134 million by ], an ]-based provider of ] (IoT) software applications, cloud services, data intelligence and telematics products and services.<ref>{{cite web|url=https://www.wsj.com/articles/lojack-agrees-to-134-million-sale-to-calamp-1454363855|title=LoJack Agrees to $134 Million Sale to CalAmp|website=wsj.com|date=2016-02-01|accessdate=2021-08-06}}</ref>


On March 16, 2021, vehicle intelligence company Spireon announced that it had acquired the LoJack U.S. Stolen Vehicle Recovery business from CalAmp, joining LoJack users with "nearly 4 million active subscribers from over 20,000 current Spireon customers".<ref>{{cite web|url=https://www.prnewswire.com/news-releases/spireon-acquires-calamps-lojack-us-stolen-vehicle-recovery-business-301247916.html|title=Spireon Acquires CalAmp's LoJack® U.S. Stolen Vehicle Recovery Business|website=prnewswire.com|date=2021-03-16|accessdate=2021-08-06}}</ref> CalAmp would still retain and continue to expand LoJack International, which operates as a subscription-based SaaS business, while also retaining ownership of the LoJack patents and trademarks. In March 2021, the vehicle intelligence company Spireon announced it had acquired the LoJack U.S. Stolen Vehicle Recovery business from CalAmp, joining LoJack users with "nearly 4 million active subscribers from over 20,000 current Spireon customers".<ref>{{cite web|url=https://www.prnewswire.com/news-releases/spireon-acquires-calamps-lojack-us-stolen-vehicle-recovery-business-301247916.html|title=Spireon Acquires CalAmp's LoJack® U.S. Stolen Vehicle Recovery Business|website=prnewswire.com|date=2021-03-16|accessdate=2021-08-06}}</ref> CalAmp would still retain and continue to expand LoJack International, which operates as a subscription-based SaaS business, while also retaining ownership of the LoJack patents and trademarks. Under Spireon, LoJack technology moved from RF-based location to GPS and cellular-based technology, growing availability of the solution throughout the U.S. and Hawaii and expanding the solution from only stolen vehicle recovery into connected car technology for both dealers and consumers.


==Functionality== ==Functionality==
The core of the LoJack system is a small hardware device that utilizes GPS technology to locate vehicles without wasting the car battery. Integrated with PSAP, users can quickly contact the corresponding police department in the event of vehicle theft to recover their vehicles quickly. The core of the LoJack system is a small hardware device that collects and feeds data back to the vehicle owner via a native connected car app. If the user's vehicle is stolen, the app helps the user quickly contact the corresponding police department and delivers a concierge-level recovery service. In addition, LoJack's PSAP integration and long history of partnership with law enforcement nationwide allows the solution to have quick responsiveness and recovery times.


==See also== ==See also==

Revision as of 16:17, 2 June 2022

Device for tracking vehicles when stolen
LoJack
TypeConnected Car Technology with Stolen Vehicle Recovery System
InventorWilliam Reagan
Inception1986 (1986)
ManufacturerSpireon
AvailableYes
Websitelojack.com

LoJack is a stolen vehicle recovery and IoT connected car system that utilizes GPS and cellular technology to locate users' vehicles, view trip history, see battery levels, track speeding, and maintain vehicle health via a native app. Prior to selling a vehicle, LoJack dealers can use the system to manage and locate inventory, view and manage battery health, recover stolen inventory, and more.

History

The original LoJack system was created and patented in 1979 by William Reagan, a former Medfield, Massachusetts police commissioner, who went on to establish LoJack Corporation in Medfield. Reagan served as the company's first CEO and Chairman. The name "LoJack" was coined to be the "antithesis of hijack", wherein "hijack" refers to the theft of a vehicle through force.

In 1998, the company began offering its tracking system to the heavy machinery and construction industry, including entering into an agreement with Caterpillar.

By 2013, the LoJack system was reportedly operating in 28 states and the District of Columbia and in more than 30 countries. The company reported that more than 1,800 U.S. law enforcement agencies had LoJack tracking computers in their police vehicles. In November 2013, the company announced they were expanding tracking capabilities to parents, auto makers and insurance companies.

In March 2016, the company was acquired for $134 million by CalAmp, an Irvine, California-based provider of Internet of things (IoT) software applications, cloud services, data intelligence and telematics products and services.

In March 2021, the vehicle intelligence company Spireon announced it had acquired the LoJack U.S. Stolen Vehicle Recovery business from CalAmp, joining LoJack users with "nearly 4 million active subscribers from over 20,000 current Spireon customers". CalAmp would still retain and continue to expand LoJack International, which operates as a subscription-based SaaS business, while also retaining ownership of the LoJack patents and trademarks. Under Spireon, LoJack technology moved from RF-based location to GPS and cellular-based technology, growing availability of the solution throughout the U.S. and Hawaii and expanding the solution from only stolen vehicle recovery into connected car technology for both dealers and consumers.

Functionality

The core of the LoJack system is a small hardware device that collects and feeds data back to the vehicle owner via a native connected car app. If the user's vehicle is stolen, the app helps the user quickly contact the corresponding police department and delivers a concierge-level recovery service. In addition, LoJack's PSAP integration and long history of partnership with law enforcement nationwide allows the solution to have quick responsiveness and recovery times.

See also

References

  1. ^ "LoJack Founder William Reagan, 78, Passes Away". twice.com. 2013-07-08. Retrieved 2018-06-08.
  2. "LoJack Corporation History". fundinguniverse.com. Retrieved 2018-09-05.
  3. "LoJack system will allow parents, auto makers and insurance companies to track vehicles". computerworld.com. 2013-11-25. Retrieved 2018-09-05.
  4. "LoJack Agrees to $134 Million Sale to CalAmp". wsj.com. 2016-02-01. Retrieved 2021-08-06.
  5. "Spireon Acquires CalAmp's LoJack® U.S. Stolen Vehicle Recovery Business". prnewswire.com. 2021-03-16. Retrieved 2021-08-06.
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