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Industry: Email Alert RSS FeedADP buys Lightspeed.(HotNews)(Automatic Data Processing Inc., Information technology services industry)(Brief Article)
Powersports Business, June, 2004
The dealer services group of Automatic Data Processing, Inc (NYSE:ADP), the nation's leading provider of dealer management systems to car and truck dealers, has acquired ProQuest Business Solutions, Salt Lake City, from ProQuest Company, Inc. (NYSE: PQE).
The newly-formed business unit within ADP Dealer Services will be called Lightspeed after the acquired unit's widely-used Lightspeed dealer management software that serves nearly 3,000 motorcycle, marine, and RV dealerships in North America.
With over $7 billion in revenues and approximately 500,000 clients, ADP is one of the largest independent computing services firms in the world.
ADP provides Web-based dealer management tools and integrated computing solutions to more than 17,000...
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