Patently Obvious® Express Report on FleetCor: Recalculating Position

Date:  Tue, 2014-01-14

CHARLOTTESVILLE, VA – M·CAM, Inc. released a Patently Obvious® Express report on FleetCor Technologies Inc.

Since 2000, FleetCor Technologies, Inc. built a core business providing credit cards that can be utilized at select gas pumps. FleetCor’s fuel card business operates by forming partnerships with oil companies and acquiring fuel card providers. The company has shown evidence of a shift in focus in mid” 2013, as it purchased three geolocation patents from Telenav, Inc. for $10 million. While FleetCor operated for 13 years without an evident intellectual property portfolio (IP), we observe that the assets it acquired from Telenav do not protect the core of their new business.

The full M·CAM Patently Obvious® Express on FleetCor can be found HERE.