Solera to Acquire Omnitracs and DealerSocket

Solera to Acquire Omnitracs and DealerSocket
Expanding its Capabilities as the Global Data Intelligence and Technology Leader in Vehicle Lifecycle Management
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WESTLAKE, Texas, May 17, 2021 /PRNewswire/ -- Solera Holdings, Inc. ("Solera") today announced that it will acquire Omnitracs, a complete fleet management platform, and DealerSocket, a leading SaaS provider to the automotive industry. These acquisitions will extend Solera's position as the preeminent global data intelligence and technology leader serving all constituents engaged in vehicle lifecycle management.
Global Leadership in Vehicle Lifecycle Management
With operations in more than 90 countries, Solera is the global technology leader operating in a highly complex vehicle lifecycle management ecosystem. Solera's software and unique data assets power the value-chain of a vehicle from purchase to claims, repair and resale. These acquisitions will build upon Solera's strategy to minimize complexity and reduce friction at all touchpoints in the vehicle lifecycle with fully integrated intelligent technology platforms.

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