IHS Inc. has acquired CARPROOF Corporation, a company that provides the industry standard in Canada on vehicle history reports to dealers, auto auctions, automakers, and consumers. IHS says this deal ties into its 2013 acquisition of CARFAX, and offers an excellent opportunity for revenue growth and product development. Like CARFAX, CARPROOF is a high-growth business and gives IHS the opportunity to expand our vehicle history report services into Canada, says Jerre Stead, chairman and chief executive officer of HIS.
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