ATLANTA, GA/LAS VEGAS, NV – OVE.com, a virtual vehicle marketplace for dealer-to-dealer and commercial consignor business transactions, has made an agreement with Network Remarketing & Technologies (NRT), an online vehicle remarketing solution provider. The deal will allow www.ove.com and NRT to provide an end-to-end solution to upstream auto remarketers, including fleet/lease, manufacturers, and rental companies.

Under the terms of the agreement, www.ove.com has purchased the assets and operations of NRT. The business acquired from NRT will continue to operate independently, but in cooperation with www.ove.com.

Shakopee, Minn.-based NRT has been providing remarketing solutions to its suppliers and dealers since 2001. NRT staff and management will continue in their current roles. www.ove.com is a wholly owned business unit of Manheim focused on the virtual wholesale marketplace.

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