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Car dealer software firm up for sale

Kalamazoo, one careful owner...

By Will Sturgeon

Published: 15 November 2001 07:03 GMT

Software provider for the car dealer trade Kalamazoo Computers is in talks to sell its business.

Following a sharp increase in its share price the company confirmed it is up or sale and is in talks with an undisclosed party, thought to be a rival software firm, according to the Financial Times.

The company employs 1,000 staff and reported a loss of £4m on sales of £48m for its last fiscal year.

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