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OSLO / STOCKHOLM. ABAX and Automile today announced they have entered into a definitive agreement under which ABAX Sweden AB will acquire Automile Holding AB, a Nordic leader in telematics and internet of things (IoT) services. Together they will form a leading Nordic SaaS telematics company with over 350.000 subscriptions in Europe and the U.S. Closing is expected by the end of October.

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