When you’re looking at the various auto stocks that are offered, CDK Global should be somewhere on your list.
This company specializes in digital marketing for the automotive industry and now it’s being bought by another company. The team at Ansira Partners, Inc. has agreed to purchase the assets of the digital marketing business of CDK including all advertising solutions and website services, which is a significant part of this company.
A Partnership Begins
The sale of the digital marketing and advertising aspects of CDK Global doesn’t mean this company will no longer operate. Instead, Ansira is becoming a partner to help this company continue to grow and strengthen the technology platform and skilled management team of CDK. This team remains committed to their digital marketing customers and looks to build a seamless transition through the process to ensure customers don’t feel any negative effects of this change.
Multiple Offers Were Present for CDK Global
The choice of Ansira wasn’t as simple as a single offer. CDK choose this partner after a thorough process of evaluating proposals from potential buyers for the sale of the Digital Marketing Business. Ansira is a global marketing service and solutions company with an extensive background in the auto world. Their expertise will aid the building of the solutions needed for the Digital Marking Business while implementing industry-leading technology.
CDK is on Nasdaq
If you’re a stock trader or interested in putting your money into automotive stocks, the auto digital marketing world has some stocks to offer as well. CDK is one of them. This stock is traded on the Nasdaq exchange and the added investment of Ansira Partners, Inc. can help this stock improve and show greater longevity and performance over the next several years.
About CDK Global
CDK Global is a leading global provider of integrated information technology solutions for the automotive retail industry. The goal of CDK is to offer end-to-end automotive commerce solutions to grow profits and create more visibility for each customer. Currently, CDK Global provides solutions to dealers in more than 100 countries around the world by serving nearly 30,000 retail dealers and most automotive manufacturers. This new partnership will only strengthen the programs and technology offered.
About Ansira Partners, Inc.
Ansira works to ensure the right experiences for all moments are created to build customer loyalty to brands and locations. They do this by designing relevant and persuasive experiences for each of their partners. With this brand focus and the goal to improve the experience for auto shoppers, Ansira can be the perfect partner for CDK Global to increase the focus on aspects of the shopping experience and auto ownership experience that matter most to customers.
Keep an eye on the CDK Global stock price and see how this new merger affects the direction of this stock. You might want to put your money into this stock to save for the future. This new partnership should only help both companies grow and perform better than ever.
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