Oil Price Information Service (OPIS), a global provider of oil industry pricing, news, analysis and software, has acquired NAVX, the leading European and South American provider of retail fuel pricing, parking and Electric Vehicle (EV) charging location information.
The deal combines OPIS’ extensive North American database of real-time retail fuel prices with NAVX’s comparable database for 30 countries in Europe and South America.
“Together, we have a powerful brand and a unified platform to provide automakers worldwide with the critical information they need to develop technologies for the future of the connected car,” said Jean Cherbonnier, CEO – Co-Founder of NAVX.
The deal enables OPIS to further expand its pricing and software services into Europe and South America, said OPIS CEO Brian Crotty.
“We are extremely excited to bring NAVX onto the OPIS team. Both companies share a passion for delivering the absolute best content to customers,” Crotty said.
Both Cherbonnier and NAVX COO – Co-Founder Florent Boutellier will stay with OPIS to manage and grow the newly created OPIS-NAVX brand.
