RAC acquires Nebula Systems
RAC Telematics’ offering has been boosted by the acquisition of vehicle diagnostics specialists Nebula Systems.
The new venture gives the RAC full ownership of its vehicle diagnostic information and the ability to read a market leading depth of data from the broad vehicle parc.
The addition of enhanced vehicle diagnostics capability underpins RAC Telematics’ position as a technology innovator. The RAC Telematics platform already offers a highly accurate crash detection and reporting solution which has been independently certified in excess of a 92% accuracy level. Coupled with leading risk-scoring algorithms and location-based fleet management services, RAC Telematics claims to be ‘re-defining telematics’.
RAC Telematics managing director Nick Walker said, ‘The acquisition of Nebula Systems is really the first step in a series of developments that will lead to the RAC moving from a reactive, to a proactive and ultimately predictive breakdown service. This is a deal that will give our telematics systems much greater capability and will really position the RAC as leaders in vehicle status data.’
Andrew Steer, CEO at Nebula Systems, said, ‘We are very pleased that the RAC has chosen to invest in Nebula as a new strategic partner. For Nebula, the investment and brand recognition that the RAC bring will give us the massive boost we have been looking for so that we can accelerate the development of our own exciting and disruptive aftermarket and car enthusiast projects.’