XATA Buying GeoLogic

XATA Corp. (Nasdaq: Xata) , a Minneapolis-based provider of fleet management solutions to the truck transportation industry, has signed a definitive agreement to acquire GeoLogic Solutions Inc., a Herndon, Va.-based provider of wireless asset management programs to the commercial trucking industry, for approximately $17.5 million. The transaction is expected to close in the first quarter and closing is subject to certain closing conditions. GeoLogic is a portfolio company of Platinum Equity.  www.xata.com