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  6. Inrix Acquires OpenCar

M&A Deal Summary

Inrix Acquires OpenCar

On March 9, 2016, Inrix acquired software company OpenCar

Acquisition Highlights
  • This is Inrix’s 1st transaction in the Software sector.
  • This is Inrix’s 2nd transaction in the United States.
  • This is Inrix’s 1st transaction in Washington.

M&A Deal Summary
Date 2016-03-09
Target OpenCar
Sector Software
Buyer(s) Inrix
Deal Type Add-on Acquisition

Target

OpenCar

Seattle, Washington, United States
OpenCar, Inc. is a updateable application platform and developer ecosystem to serve an automaker’s need for tightly integrated, car-centric applications and features.

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Buyer(S) 1

Buyer

Inrix

Kirkland, Washington, United States
Category Company
Founded 2005
Sector Internet Software and Services
DESCRIPTION

Inrix is a provider of real-time traffic information and connected driving services worldwide. Inrix was founded in 2005 and is based in Kirkland, Washington.

DEAL STATS #
Overall 3 of 3
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
State: Washington M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-10 ParkMe

Santa Monica, California, United States

ParkMe is a provider of real-time parking information to navigation companies and smartphones. Consumers can access ParkMe via GPS and in-car navigation systems, ParkMe.com, online widgets, iPhone, iPod Touch, iPad and Android apps.

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