Authenticom Acquires RyanTech's Automotive Technology

Authenticom, a leading provider of automotive data solutions, including dealer management system integration and data enhancement services, announces the purchase of the "Automotive Technology Portfolio", namely Carpod, DMSi and VIN Explosion, from Utah-based RyanTech, Inc.

"We are excited about the integration of RyanTech's Technology into Authenticom's service offerings and look forward to the synergies that we can create and leverage together," commented Steve Cottrell, Founder and President / CEO of Authenticom. "The addition of this technology will provide greater opportunities to grow our footprint and, most importantly, support our clients," adds Cottrell. With the addition of this broad spectrum of technology from Carpod to DMSi and VIN Explosion, Authenticom will now have the ability to process inventory images, enhance the inventory management experience for dealers and most importantly move us forward in our path to nearly complete our Authenticom portfolio of products which are designed to serve dealers."

"Joining the team at Authenticom is a humbling experience. We are excited to work with them as they grow their base and integrate our award winning Microsoft Cloud-Based technologies into their already massive offering to auto dealers industry-wide," stated Kevin McMillen, Founder and CEO of RyanTech. "The great partnership that our two companies have forged will live long into the future as we work together to better the services and offerings available to auto dealers."

The press release can be downloaded here.

Katie Wiersgalla