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Announced

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Cox Automotive completed the acquisition of Fyusion.

Synopsis

Cox Automotive, a provider of vehicle remarketing, digital marketing and software solutions, completed the acquisition of Fyusion, a provider of solutions for automotive imaging, e-commerce and automotive damage detection. Financial terms were not disclosed. This acquisition will deepen the collaboration between Manheim and Fyusion, which have worked together for years to give clients the wholesale industry’s mobile imaging and condition capture tools. “Anywhere a car can be imaged, we believe the new technologies that Cox Automotive and Fyusion create together will translate to big benefits for our clients across the auto industry. By bringing Fyusion into the Cox Automotive family, we will be able to deliver innovations to our clients faster and help fuel their continued success,” Steve Rowley, Cox Automotive President.

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