Moving Intelligence completed the acquisition of Echoes Solutions.

Moving Intelligence, a provider of secure asset tracking, sustainable fleet management and smart mobility, completed the acquisition of Echoes Solutions, a provider of next-generation vehicle data solutions. Financial terms were not disclosed. "We are extremely proud to partner with Echoes, the fast-growing market leader in connected vehicle solutions. Echoes is the future, allowing us to connect directly to the customer's vehicle without installing additional hardware. It expands our geographical reach, the scalability of our offering as well as the services we can provide and, in parallel, meaningfully reduces the cost and installation downtime for fleet owners. This is a win-win proposition for our customers, and we are already working hard to onboard the Echoes functionalities onto our platform and vice versa," Patrick Horst, Moving Intelligence CEO.