Italy’s Octo Telematics Acquired for $555 Million

Feb 12, 2014 1079

By Mauro Battocchi


Octo Telematics is in the insurance telematics business. Their product, called Clearboxes, collect driver usage statistics that greatly help insurance companies decide how risky a driver is.

These Clearboxes are also pioneering the collection of data such as speed, braking/accelerating and cornering style, which will even further help insurance companies decide who is the riskier among us. 

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Fonte: San Francisco, Italy

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