Opus' IVS Division Acquires BlueLink

On August 23, 2019, Drew Technologies, Inc., part of the IVS division of Opus Group AB (publ), acquired BlueLink Diagnostic Solutions, a leading vehicle diagnostics provider.

Drew Technologies, Inc. acquired the BlueLink technology and operating assets under an asset purchase agreement, for approximately MSEK 2.8. BlueLink’s technology and operations will be integrated into the offerings of Drew Technologies and Autologic. Existing products offered under the well-respected BlueLink brand will be supported and further developed by Opus’ IVS division.

“I am excited to welcome BlueLink into the Opus family,” says Brian Herron, President of the IVS Division. Drew Technologies and Autologic have used BlueLink technology for several years. BlueLink was founded in 2005 and developed specialized remote vehicle diagnostics technology and services, perfectly complementing the current Opus IVS offering. Opus IVS products and services are already utilizing BlueLink’s patent pending technology to assist our customers. We are excited to bring the BlueLink and Opus IVS teams together and leverage engineering synergies to accelerate vehicle diagnostics technology that will help our customers better service intelligent vehicles. Beyond the technology potential, the highly qualified expert technicians at BlueLink’s North Carolina call center will help Opus IVS to deliver quality services to our customers. With this acquisition, Opus IVS now has 4 call centers in North America, employing over 100 trained and experienced technicians.”

About Opus IVS

The IVS division of Opus Group AB (publ), focuses on supporting technicians who repair intelligent and complex vehicles. Opus’ IVS division includes Drew Technologies and Autologic, with additional assets and personnel from Farsight and now also BlueLink. For over 20 years, Drew Technologies has pioneered the development of diagnostic and programming equipment based on the automotive communication standards including more recently SAE J2534 and heavy duty TMC RP1210. Drew Technologies products, such as CarDAQ®, Mongoose® and DrewLinQ® have been tested and validated extensively and are backed by industry-leading technical support. Autologic is known worldwide as a premier European diagnostic system with advanced coverage and live technical support featured through the BlueBox, AssistPlus, and now the DrivePro tools. Opus’ IVS division has in-house software and hardware development and manufacturing capabilities, is constantly innovating, and has over 30 patents awarded or pending. Opus IVS remote services and diagnostic assistance is provided globally through 5 call centers, with over 100 technicians.

About Opus

Opus Group AB (publ) (Opus) is a technology-driven growth company in the vehicle inspection and intelligent vehicle support markets. The company has a strong focus on customer service and innovative technologies within vehicle inspection and intelligent vehicle support. With approximately 2,600 employees, Opus is headquartered in Gothenburg, Sweden and operates out of 34 regional offices, 24 of which are in the United States, with others in Sweden, Argentina, Chile, Mexico, Peru, Pakistan, United Kingdom, Spain and Australia. Opus has production facilities in the U.S. in Hartford, CT, Ann Arbor, MI and Tucson, AZ. The shares of Opus are listed on Nasdaq Stockholm. For more information about Opus, please visit www.opus.global.

Gothenburg, August 26, 2019

Opus Group AB (publ)