Inrix Acquires OpenCar

Inrix, Inc., a Kirkland, Wash.-based provider of dynamic connected car services worldwide, acquired OpenCar, Inc., a Seattle, U.S.-based automotive software and services provider.

The amount of the deal was not disclosed.

Founded in 2011 and led by Jeff Payne, CEO, OpenCar has built an application platform and developer ecosystem to serve automakers’ need for integrated, car-centric applications and features. The OpenCar framework, controlled by automakers, enables for brand-, model- and region-specific touch and voice interfaces to enhance their brand and satisfy consumer demand through in-car information, media and location-based applications. The application ecosystem, which includes roughly 1,300 registered developers representing hundreds of companies, covers accommodations, city guides, fuel, internet radio, parking, reviews, etc.

Inrix will continuously expand this existing content and apps portfolio across all key geographies, which will combined with its services – already available from such automakers as Audi, BMW, Ford, Lexus, Mercedes-Benz, Porsche, Rolls Royce, Tesla, Toyota and Volkswagen.

The acquiring company will continue to operate the OpenCar application management tools, work with its current customers and maintain its office in Seattle. The acquisition will expand its Seattle-area presence beyond the current headquarters in Kirkland, WA.

Led by Bryan Mistele, president and CEO, Inrix is also announcing the availability of Autotelligent, a driver assistance platform which leverages cloud-based machine learning to enable predictive routing based on where and when drivers go, frequently visited places and preferred routes. Autotelligent automatically creates a daily, personalized itinerary of anticipated trips by accessing the user’s calendar and contacts. In addition, it provides intelligent pre-drive and drive time alerts based on route preferences, congestion, hazardous road conditions and vehicle sensor data.

In August 2015, Inrix acquired ParkMe, a Santa Monica, CA-based provider of parking location, availability, and reservation services worldwide.

FinSMEs

10/03/2016