Cars.com acquires two tech companies for $165 million

Cars.com acquired two digital startups Wednesday for $165 million in cash.

Chicago-based Cars.com (NYSE: CARS) announced it has bought both Dealer Inspire and Launch Digital Marketing, two local companies that provide digital tools to automotive dealers.

Both Dealer Inspire and LDM are run by Joe Chura and share an office space in Naperville. Dealer Inspire, launched in 2013, offers website building tools to automotive dealers. LDM provides website design and social media management services,…...

3 Published By - San Francisco Business Times - Technology News - 2018.02.14. 18:19
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