09 June 2021 | David Young
Solera has announced three acquisitions intended to further streamline its end-to-end vehicle lifecycle solutions
Omnitracs combines transportation and logistics know-how with expertise in AI and machine learning to create greater video-based safety and data-informed efficiencies
The company has acquired Omnitracs, DealerSocket and eDriving. Omnitracs is a fleet management platform, DealerSocket is a SaaS [software as a service] provider to the automotive industry and eDriving is the digital driver risk management partner for many of the world's largest commercial fleets.
Solera says customers will benefit from lower complexity and reduced friction at all touchpoints in the vehicle lifecycle with fully integrated, intelligent technology platforms.
Darko Dejanovic, chief executive officer of Solera, said: "We are excited to continue transforming the industry with the additions of Omnitracs, DealerSocket and eDriving. These acquisitions enable Solera to further enhance our end-to-end vehicle lifecycle solutions for customers and bridge the gap between vehicle and driver performance on a global scale. Solera is uniquely positioned to lead the industry through innovation, geographic expansion and additional strategic acquisitions."
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