At the end of December 2015, Telematics completed the acquisition of Finder, a leading fleet management solutions provider in Poland, which added over 60,000 vehicles to our installed base. This acquisition strengthens our market position in one of the fastest growing telematics markets in Europe. At the end of the year, Telematics reported over 40,000 customers, the largest fleet management systems customer base in the world, and an installed base of 605,000 active subscribers, a 30% increase from 464,000 at the start of 2015.
Hardware and Content & Services revenue split
|( in millions, unless stated otherwise)||Q4 '15||Q4 '14||
|FY '15||FY '14||
|Content & Services revenue||119.5||101.9||17%||448.8||407.5||10%|
Change percentages are based on non-rounded figures.