Software Acquisition Group Inc. II (SAII) to Combine with Otonomo in $1.1Bn Deal
Software Acquisition Group Inc. II (NASDAQ:OTMO) has entered a definitive agreement to combine with vehicle data marketplace Otonomo for an enterprise value of $1.1 billion. Herzliya, Israel-based Otonomo draws data from connected devices installed in vehicles to crunch analysis for a wide range of clients including insurers, municipalities and other data providers. The combined company
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