The deal, made for an undisclosed amount, includes Willis Towers Watsons’ DriveAbility solution and the DriveAbility Marketplace while Octo will also develop a strategic alliance with Willis Towers Watson on additional auto telematics opportunities to enhance both companies’ suite of products and services. Key Willis Towers Watson personnel will also join the Octo team.
Fabio Sbianchi, CEO, Octo Telematics said: “It makes sense to join forces with Willis Towers Watson to pool resources and lead on further developing telematics propositions”