Solera Acquires eDriving
June 2, 2021
Solera Holdings, Inc. acquired eDriving, a provider of smartphone-based driver risk management and telematics solutions, to expand its fleet-focused data and software capabilities into driver behavior and risk analytics. The deal integrates eDriving's Mentor app, FICO Safe Driving Score and Virtual Risk Manager platform with Solera's existing fleet solutions to offer end-to-end vehicle and driver performance services to commercial fleets globally.
- Buyers
- Solera Holdings, Inc.
- Targets
- eDriving
- Industry
- Trucking & Fleet
- Location
- New Jersey, United States
- Transaction Type
- Buyout
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