Solera Holdings, Inc. announced that it has more than doubled its import and export vehicle data coverage from 45 percent to over 95 percent of all cars on Chinese roads. Solera’s profile of more than 166 million vehicles in China marks an milestone in the aggregation and normalization of automotive data for the largest car […]
David Shepherd Named Regional Managing Director of Audatex in UK, South Africa and Valexa Technologies Ltd
David Shepherd has been announced as the new Regional Managing Director of Audatex UKSA and Valexa Technologies, replacing Paul Sykes. Shepherd joined Solera in 2008 and he has operated in a variety of international managing director positions, most recently as Head of Solera’s Global Account Management team. “I am delighted to be returning to the […]
Solera Completes Acquisition of UK-Based Autodata
Solera Holdings, Inc., announced that it has completed the acquisition of UK-based Autodata, the provider of technical information and knowledge solutions for the automotive service, maintenance and repair industry. Solera announced it was acquiring the firm on January 4. Founded in 1975, Autodata has evolved from publishing iconic do-it-yourself manuals for car enthusiasts and garages, […]
Solera Holdings Acquires Digital Identity Protection Provider
Solera Holdings, Inc. today announced it has acquired Digidentity B.V., a provider of next-generation technologies that secure and authenticate online identities. “In today’s hyper-connected world, identity verification will become an increasing part of every transaction, allowing more confidence and transparency about who really is on the other end,” said Tony Aquila, Solera’s Founder, Chairman and […]
Solera to Acquire UK-Based Autodata
Solera Holdings, Inc., today announced it will acquire UK-based Autodata, a provider of technical information and knowledge solutions for the automotive service, maintenance and repair (SMR) industry. “Throughout a car’s life, there are over 54 transactions that occur between motorists and automotive businesses,” said Tony Aquila, Solera’s founder, Chairman and CEO. “One of Solera’s missions […]
David Henderson, Founder of AutoWatch, Passes Away
David Henderson, founder of AutoWatch, passed away June 20 at 62 years of age. Henderson, an active member of the collision repair industry at a national level, began his career as a collision repair technician at a dealership body shop. His love of computers led to his interest in the internet and how it could […]
Vista Equity Partners Completes Solera Acquisition
Solera Holdings, Inc. announced that its sale to Vista Equity Partners, originally announced in September, was completed on March 3. Other investors include an affiliate of Koch Equity Development LLC, the investment and acquisition subsidiary of Koch Industries, Inc., and an affiliate of Goldman, Sachs & Co. According to the company, the acquisition will fuel […]
Patents at Center of Audatex Lawsuit Against Mitchell Ruled Invalid
U.S. Patent and Trademark Office Board rules business processes covering total loss valuations that were at the heart of 2012 patent infringement lawsuit are not patentable. In a ruling filed February 19, the U.S. Patent and Trademark Office Patent Trial and Appeal Board (PTAB) issued its Final Written Decision in favor of Mitchell International’s petition […]
Solera Reports Second Quarter Revenue Up 9%
Solera Holdings, Inc. (SLH) reported results for the second quarter of fiscal year 2016. Revenue for the second quarter was $308.0 million, a 9.0 percent increase over the prior year revenue of $282.7 million. On a constant currency basis, revenue for the second quarter increased by approximately 16.3 percent over the prior year second quarter […]
Vista Equity Buys Solera for $6.5 Billion
Ending weeks of speculation, the software and services provider to collision repair, automotive and insurance industries announces a deal to sell the company to a private equity firm. Solera Holdings, Inc. last night announced that it has entered into an agreement to be acquired by an affiliate of Vista Equity Partners in a transaction valued […]
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