– Autobytel’s Full Suite of Award-Winning Car Buying Services Now Available to All Dealix Customers –
– Autobytel Management to Discuss Acquisition on Call Today at 5 p.m. ET –
IRVINE, Calif., May 21, 2015 (GLOBE NEWSWIRE) — Autobytel Inc. (Nasdaq:ABTL), a leading provider of online automotive services connecting consumers with dealers, has acquired Dealix Corporation and Autotegrity, Inc. (wholly-owned subsidiaries of CDK Global, LLC), for $25 million.
The all-cash transaction, which includes a working capital adjustment, combines two prominent leaders in the automotive industry to help dealers and manufacturers improve their businesses and sell more cars.