Firm alleges Opus IVS, its affiliates and CEO violated terms of 2017 agreement between the two companies and unfairly competes and interferes with its collision repair diagnostics services business. AirPro Diagnostics LLC filed a Federal lawsuit in Michigan against Opus IVS, its CEO, and its Drew Technologies and AutoEnginuity subsidiaries. The lawsuit, AirPro Diagnostics, LLC […]
Private Equity Firm Seeks Delisting of Opus Group Shares
Firm formed by Searchlight Capital Partners and Opus CEO controls more than 90% of the publicly-traded shares. Ograi BidCo AB announced it now controls of more than 90 per cent of the shares in Opus Group AB (publ) and is seeking a delisting of the firms share and initiate a compulsory redemption of the remaining […]
Opus Acquires AutoEnginuity
Drew Technologies, Inc., an Opus IVS division company, acquired US-based AutoEnginuity, LLC for a purchase price of approximately $20 million on a cash-free and debt-free basis. All conditions for completion of the acquisition of AutoEnginuity have been met. AutoEnginuity, founded in 2003 and headquartered in Mesa, Ariz., has developed into a leader in advanced aftermarket […]
Drew Technologies and Autologic Diagnostics to Become Opus IVS
Drew Technologies, Autologic Diagnostics, Farsight, and Bluelink Diagnostic Solutions, companies within the Intelligent Vehicle Support (IVS) division of Opus Group AB (publ), announced they are unifying and will officially be known as Opus IVS. In 2017, Autologic was welcomed into the Opus IVS division alongside Drew Technologies. Shortly thereafter Farsight and Bluelink joined the Opus […]
Drew Technologies Acquires BlueLink
On August 23, Drew Technologies, Inc., a part of the IVS division of Opus Group AB (publ), acquired BlueLink Diagnostic Solutions, a vehicle diagnostics provider. Drew Technologies acquired the BlueLink technology and operating assets under an asset purchase agreement for approximately 2.8 million SEK ($288,000). BlueLink’s technology and operations will be integrated into the offerings […]
Drew Technologies Diagnostics Approved for Honda’s ProFirst Certified Network
DriveCRASH, Drew Technologies’ collision-focused diagnostic platform, has been accepted by American Honda’s ProFirst Certified Collision Network for complete vehicle scanning. DriveCRASH utilizes Honda’s Diagnostic Software (HDS/i-HDS) in conjunction with DrewTech’s CarDAQ-Plus3 J2534 vehicle communication hardware interface to accurately provide the following vehicle data through remote scanning services: All modules DTC scans using HDS/i-HDS Passenger Seat […]
Mitchell Announces Partnership with Drew Technologies for OEM Collision Repair Scanning
Enhancements from Drew extend Mitchell Diagnostics with new MD-OEM option. Approved for use in GM Collision Repair Network. Mitchell today announced a partnership with Drew Technologies, an Opus IVS Company, under which Drew Technologies scanning and diagnostic technology and services will be available via the Mitchell Diagnostics (MD) system. The new enhancements offer vehicle scanning […]
Drew Technologies’ Diagnostics Approved by General Motors for its Collision Repair Network
DriveCRASH, Drew Technologies’ collision repair-focused diagnostic platform, has been officially approved by General Motors for its Collision Repair Network. GM approved DriveCRASH as a Diagnostic Scan Tool that can provide full OEM coverage, including read/clear diagnostic trouble codes (DTC), data PIDs, Special Functions/Output controls and SPS reprogramming. DriveCRASH combines Drew Technologies’ CarDAQ-Plus 3 J2534 interface […]