IHS Acquires CARPROOF Corporation, Canada’s Top Source of Used Vehicle Data for Automotive Industry

Dateline City:
ENGLEWOOD, Colo.

ENGLEWOOD, Colo.--(BUSINESS WIRE)--IHS Inc. (NYSE:IHS), the leading global source of critical information and insight, today announced it has acquired CARPROOF Corporation®, a Canada-based company that offers products and services in vehicle history, appraisal and valuation for the automotive industry, for $650 million CND (approximately $460 million USD). More details on the acquisition will be provided on the IHS fourth quarter and year-end 2015 earnings call on January 12, 2016.

Language:
English
Contact:

IHS Inc.
News Media Contact:
Dan Wilinsky, +1 303-397-2468
dan.wilinsky@ihs.com
or
Investor Relations Contact:
Eric Boyer, +1 303-397-2969
eric.boyer@ihs.com

Ticker Slug:
Ticker:
IHS
Exchange:
NYSE
@IHS_News

read more

Subscribe to Applenews247.Com Newsletter

Leave a Reply

Your email address will not be published. Required fields are marked *

*


*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>