CDK Global Acquires Dashboard Dealership to Deliver Enhanced Reporting Solution.
M2 EQUITYBITES-October 27, 2017-CDK Global Acquires Dashboard Dealership to Deliver Enhanced Reporting Solution
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27 October 2017 - Illinois, US-based automotive commerce company CDK Global (NASDAQ: CDK) has acquired enterprise reporting company Dashboard Dealership Enterprises (DDE) to enhance reporting solution offering, the company said.
Terms of the transaction were not disclosed.
CDK Global said it will add DDE's dashboard and reporting capabilities, including development tools like Executive Eye, to help CDK customers effectively measure the success of their businesses.
The acquisition of DDE, a current CDK global partner program participant, allows CDK to deliver a more robust reporting solution. The mobile-friendly product offers enterprise-level reporting to help dealers measure and manage their business.
Executive Eye can also help dealers to assess the financial health of one store or an entire group through business analytic reporting tools, as well as view key performance indicators from all stores side-by-side, providing easy performance comparisons and the ability to identify stores that need attention.
CDK Global (NASDAQ: CDK) provides integrated information technology and digital marketing solutions to the automotive retail and adjacent industries.
Focussed on enabling end-to-end automotive commerce, CDK Global has USD 2bn in revenues and provides solutions to dealers in more than 100 countries around the world, serving approximately 28,000 retail locations and most automotive manufacturers.
Dashboard Dealership Enterprises is an auto dealers reporting solutions provider with a customer base of 600 dealership locations in the US.
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|Publication:||M2 EquityBites (EQB)|
|Date:||Oct 27, 2017|
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