Announced
Completed
Financials
Tags
Friendly
Merger
Cross Border
Private
IT Services: Other
Israel
data platform
vehicle data
Acquisition
Majority
Completed
Synopsis
Otonomo Technologies, a platform powering the mobility economy, completed the merger Urgent.ly, a provider of digital roadside and mobility assistance technology and services. Financial terms were not disclosed. “I am thrilled to announce the completion of this transaction, which further strengthens Urgently’s unique market position as a leading roadside assistance software provider. This acquisition is the result of the outstanding contributions of our employees and the support of our powerful ecosystem of Customer-Partners and Service Provider professionals. We are committed to leading the transformation to connected mobility and we look forward to continuing to improve proactive and preventative customer experiences,” Matt Booth, Urgently CEO.
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