Powerfleet, a global leader of IoT software-as-a-service (SaaS) solutions, has signed a definitive agreement to acquire Movingdots, a leading provider of insurance telematics and sustainable mobility solutions. Movingdots has spent nearly a decade designing and perfecting data science algorithms with primary insurers to provide risk-based drive style analytics for fleets and personal auto risk. This acquisition will enhance Powerfleet’s fleet intelligence platform with industry-leading insurance telematics and sustainability solutions.
