Morrie"s acquires 6 Wis. dealerships
Morrie's Auto Group acquired the dealerships from Brenengen Auto Group. The deal brings Morrie's footprint to 20 rooftops in Minnesota and Wisconsin......»»
Fed raises interest rates 0.25 of a point as new-car loans loom at 7%
The Federal Reserve on Wednesday, July 26, increased its benchmark rate target 0.25 points to 5.25-5.5 percent,a decision that could leave auto dealerships and customers dealing with higher interest rates on car loans. New-vehicle auto loans were up.....»»
Tennessee Titans owner sells remaining 3 dealerships
KSA Industries, the owner of the Tennessee Titans football team, has sold its three dealerships, all in Texas......»»
Thales acquires Imperva for $3.6 billion
Thales has reached an agreement with Thoma Bravo for the acquisition of 100% of Imperva for an enterprise value of $3.6 billion. With this acquisition, Thales is taking its cybersecurity business to the next level. Imperva will enable growth in data.....»»
Logitech acquires streamer tool maker Loupedeck
Accessory maker Logitech has acquired Loupedeck, known for its innovative creation tools for streamers.Logitech x LoupedeckOn July 18, Logitech announced that it had acquired the Helsinki-based Loupedeck, a company that manufactures custom consoles s.....»»
Logitech Acquires Finnish Company Loupedeck
Logitech recently announced that it has acquired Loupedeck, a company based in Helsinki. While most folks will know the Logitech brand from its wide range of PC and gaming accessories, the company has also expanded its offerings to include.....»»
Logitech acquires custom console maker Loupedeck
Accessory maker Logitech has acquired Loupedeck, known for its innovative creation tools for streamers.Logitech x LoupedeckOn July 18, Logitech announced that it had acquired the Helsinki-based Loupedeck, a company that manufactures custom consoles s.....»»
Zeigler Auto buys Kia-Nissan, GMC and Hyundai dealerships
Zeigler Auto Group of Kalamazoo, Mich., acquired Elhart Automotive in Holland, Mich., to expand its Michigan and Midwest presence......»»
Honeywell acquires SCADAfence to strengthen its OT cybersecurity portfolio
Honeywell has agreed to acquire SCADAfence, a provider of OT and IoT cybersecurity solutions for monitoring large-scale networks. SCADAfence brings proven capabilities in asset discovery, threat detection and security governance which are key to indu.....»»
Node4 acquires ThreeTwoFour to strengthen its security capabilities
Node4 announced the acquisition of ThreeTwoFour, an information security and technology risk specialist. The acquisition is Node4’s third significant growth purchase in the last 18 months, having also bought risual, an IT managed services and solut.....»»
CDK acquires full ownership of electronic vehicle registration company
While it will be a CDK company, it will still integrate with Reynolds and Reynolds and other DMS providers......»»
New generative AI software targets dealerships and automakers
Impel's new Chat AI tool is in the same technology family as ChatGPT. Impel says its version, aimed at dealers and automaker customers, is customized in a number of ways......»»
Lithia unloads Toyota, Ford and Bentley-Lotus dealerships
Lithia Motors, fresh off two June acquisitions, sold three U.S. dealerships this month, including one it had just purchased......»»
LMP Automotive sells last franchised dealerships
LMP Automotive Holdings, which once had grand ambitions to roll up dozens of dealerships, sold its final two franchised dealerships this month......»»
Bitdefender acquires Horangi Cyber Security to expand its unified risk and security analytics platform
Bitdefender has agreed to acquire Horangi Cyber Security to address the growing demand for advanced, streamlined management of cybersecurity, compliance, and governance of multi-cloud environments. As organizations continue to accelerate cloud adopti.....»»
How Stellantis made its quality gains and keeps them going
After years of subpar showings, Stellantis' Dodge, Ram and Alfa Romeo brands topped J.D. Power's Initial Quality Study. Outgoing customer experience head David McDonald says factory engineers routinely visit dealerships, and each plant has a "control.....»»
Socure acquires Berbix to help customers combat online identity fraud
Socure acquired Berbix, a San Francisco-based startup that developed a high-accuracy document verification solution with a patent-pending forensics engine able to detect spoofed IDs – including AI-generated fakes – that are visually indistinguish.....»»
Databricks acquires MosaicML to make generative AI accessible for every organization
Databricks has entered into a definitive agreement to acquire MosaicML, a generative AI platform. Together, Databricks and MosaicML will make generative AI accessible for every organization, enabling them to build, own and secure generative AI models.....»»
America"s Group acquires Las Vegas auction, expanding its reach in the West
The acquisition broadens the auction company's market presence to dealers, rental companies and financial institutions in major cities in the West, America's Group CEO Chuck Tapp said......»»
Rivian acquires route planning app maker Iternio, CEO says
Rivian has acquired Swedish EV route planning app maker Iternio to add its technology to its electric pickups and sport utility vehicles, as well use its data to better expand its own charging network,.....»»
BorgWarner acquires EV charging business in Italy for about $80 million
The acquisition target is expected to generate about $27 million in revenue this year, and BorgWarner expects to grow sales to $273 million by 2027......»»