OPIS Acquires GasBuddy

The companies say that their combined resources will enable consumers to have the best retail fuel prices, tools and information to save money at the pump.

March 04, 2013

GAITHERSBURG, MD - Oil Price Information Service (OPIS) has acquired GasBuddy, the mobile app and website relied on by more than 26 million motorists to pinpoint the most comprehensive and accurate gasoline prices at service stations and convenience stores across the U.S. and Canada.

"Through our combined resources, consumers will have the very best retail fuel prices, tools and information to save money at the pump," said OPIS CEO Brian Crotty.

"We are excited to gain access to OPIS's enormous database of spot and wholesale gasoline prices and OPIS' award-winning daily news wire," said GasBuddy co-founder Jason Toews. "That access will further enhance GasBuddy's ability to alert consumers to retail gasoline and diesel price changes in the marketplace."

OPIS will also accelerate investment in GasBuddy's OpenStore software, which enables convenience stores to reach their customers with highly targeted value offerings.

"Expanding the couponing features of this platform will provide discounts to consumers for a host of products and services sold at service stations and convenience stores," Crotty added.

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