Summa Equity-backed Infobric completed the acquisition of TelliQ.

Summa Equity-backed Infobric, an information management application developer, completed the acquisition of TelliQ, Sweden's largest telematics company. Financial terms were not disclosed. “By adding TelliQ’s product portfolio, strong customer relationships and its many years of experience in developing technology to the strong position that Infobric has built up over the last 15 years, we have a solid platform for scaling up and expanding the opportunities offered by digitization to the construction, haulage and other transport-heavy industries,” Dan Friberg, Infobric Group CEO.