FONT-SIZE Plus   Neg

IHS Buys BDW Automotive For About $8 Mln

IHS Inc. (IHS) said Thursday that it has acquired BDW Automotive GmbH, a developer of information and planning systems and intelligent processing of vehicle databases for the automotive industry, for about $8 million.

As a specialized service provider to the automotive industry, BDW Automotive supports leading manufacturers, suppliers, service providers and financial companies worldwide in the development of new sales potential, the optimization of production capacities, and the reorganization of sales networks through state-of-the-art information technology systems, forecasting and consulting services.

BDW Automotive is headquartered in Leverkusen, Germany and employs 24 people.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Xbox Live users are aggravated about repeated outages that have prevented gamers from accessing online multiplayer features. Blaming higher egg prices and other rising costs, Dunkin's Donuts will close 100 stores, all of them Speedway gas station and convenience store locations. Micron Technology, Inc. said that its fourth quarter profit fell 59% from last year, as sales declined and gross margins deteriorated amid weak demand and pricing pressures due to continued softness in the personal computer market. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly sales.
comments powered by Disqus
Trade IHS now with 
Follow RTT