Ian Craig from CORE recently sold his freight and cargo tracking business for $45 million after setting it up in Nelson 10 years ago. A Nelson tech company which tracks cargo from locations all over the world has been bought by Canadian firm Descartes for $45 million (US$30m). Ian Craig and Annette Schleiss have been running CORE Transport Technologies out of Nelson since 2008, building up their company with graduates from the Nelson Marlborough Institute of Technology (NMIT). Since they set up shop in Nelson, CORE has been fuelling its development through engineering and IT graduates from NMIT. JOE LLOYD/STUFF CORE incorporates Bluetooth technology into their readers to more accurately track cargo and freight all around the world.

Source: Stuff May 21, 2019 17:26 UTC