- May 1, 2005
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Looks like DealerTrack will be buying Arkona for around $58.9 million. Sounds like
a lot of money!!
The rumor mill several months ago, was that DealerTrack was going to buy The Cobalt Group. But then again, I heard from a reliable resource that Reynolds & Reynolds was to
acquire The Cobalt Group, and that never materialized.
Read the
full press release.
Anyone have
any feedback?
a lot of money!!
Where is DealerTrack heading with an acquisition like this??"This acquisition will bring together DealerTrack, a leading provider of on-demand software and data solutions for the automotive retail industry, and Arkona, a leading provider of on-demand dealer management systems for automotive dealerships."
The rumor mill several months ago, was that DealerTrack was going to buy The Cobalt Group. But then again, I heard from a reliable resource that Reynolds & Reynolds was to
acquire The Cobalt Group, and that never materialized.
Read the
full press release.
Anyone have
any feedback?