Cox Acquires Fyusion

By Staff Writer January 06, 2021

Cox Automotive has acquired Fyusion, a computer vision company and leader in immersive vehicle imaging solutions for automotive and other industries. This acquisition will deepen the collaboration between Manheim and Fyusion, which have worked together for years to give clients the wholesale industry’s best mobile imaging and condition capture tools in the Manheim Express app.  

“Anywhere a car can be imaged, we believe the new technologies that Cox Automotive and Fyusion create together will translate to big benefits for our clients across the auto industry,” said Steve Rowley, president, Cox Automotive. “By bringing Fyusion into the Cox Automotive family, we will be able to deliver innovations to our clients faster and help fuel their continued success.”

Founded in 2013 and based in San Francisco, Fyusion has 60+ employees across 16 countries, including 40+ Ph.D.-level professionals, and provides intellectual property – including numerous patents – and advanced technology in the automotive space. In addition to its leading 3D, 360-degree imaging capabilities, Fyusion plans to develop capabilities that will enhance vehicle inspections and deliver greater consistency and accuracy – a top Manheim client request.

“The combination of our industry-leading imaging and AI expertise with Cox Automotive’s reach across the industry will bring game-changing innovations to dealers, commercial clients and consumers,” said Radu Rusu, CEO and co-founder of Fyusion.

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Last modified on Wednesday, 06 January 2021 15:04