Pinewood Technologies completed the acquisition of the dealer management system business of Motify.

Pinewood Technologies, a pure-play cloud-based business, completed the acquisition of the dealer management system business of Motify, an autotech company. Financial terms were not disclosed. “We are proud of what we have achieved with the Pinewood Automotive Intelligence™ Platform in Southern Africa, and the time is right for Pinewood.AI to take over these relationships,” Julie Caldicott, Motify Managing Director.