Cargigi Acquired By eBay

Irvine-based Cargigi, a provider of online marketing and advertising services for automotive dealerships, has been acquired by eBay, the two said Tuesday afternoon. Financial details of the acquisition were not disclosed. Cargigi becomes part of eBay Motors, where eBay will use Cargigi's technology to help move dealers' inventory onto eBay. According to eBay, Cargigi will replace its existing Dealer Center, which helps dealers with the vehicle selling process.