Cambridge Mobile Telematics Acquires TrueMotion

June 17, 2021

Cambridge Mobile Telematics (CMT) has acquired TrueMotion, a leading mobile telematics provider, in a deal that combines the two largest smartphone-based telematics platforms to accelerate product innovation and scale. The combined company will expand CMT’s reach across insurers, fleets, automakers and mobility customers globally and strengthen capabilities in AI-driven driving risk measurement and real-time crash detection.

Buyers
Cambridge Mobile Telematics
Targets
TrueMotion
Industry
Data & Analytics
Location
Massachusetts, United States
Transaction Type
Buyout

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