Xcite Automotive Acquires Double4 AI

August 13, 2024

Xcite Automotive has acquired Double4 AI to integrate advanced computer-vision and image-processing AI into its Frontline inventory platform. The deal adds patented technology and an India development office (adding more than 70 developers), enabling Xcite to launch new AI-powered imaging, video and automated QA products for automotive dealers and OEM partners.

Buyers
Xcite Automotive
Targets
Double4 AI
Location
India
Transaction Type
Buyout

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