Traffilog has announced its acquisition of SafeRide Technologies, an AI provider for the automotive industry.
The consolidated company provides telematics and analytics services to automakers and fleets. Traffilog confirmed that SafeRide will continue collaborating with OEMs and Tier 1s across the globe to integrate its AI-based software into new vehicles. The consolidated company will have a presence, with sites in San Francisco, Detroit, Germany, Korea, and Israel.
Traffilog will immediately begin integrating SafeRide’s Vehicle Health Management (VHM) platform into its existing solutions and offer advanced AI-based data analytics as early as next year. This will provide Traffilog customers around the world with AI-based VHM capabilities.