Solera continues acquisition strategy

Solera has announced three new acquisitions intended to further streamline its end-to-end vehicle lifecycle solutions.

It has acquired Omnitracs, DealerSocket and eDriving. Omnitracs is a leading fleet management platform, DealerSocket is a best-in-class SaaS 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.”