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Italy’s Octo Telematics Acquired for $555 Million

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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