Uber acquires Routematch as it drives deeper into public transit in hunt for SaaS revenue

Uber acquires Routematch as it drives deeper into public transit in hunt for SaaS revenue

4 years ago
Anonymous $qOHwDUKgAF

https://techcrunch.com/2020/07/16/uber-acquires-routematch-as-it-drives-deeper-into-public-transit-in-hunt-for-saas-revenue/

Uber said Thursday it has acquired Routematch, an Atlanta-based company that provides software to transit agencies as the ride-hailing company looks to offer more SaaS-related services to cities.

Uber did not share terms of the deal. However, it doesn’t appear to be a minor “acquihire,” in which a company is purchased to land a few talented employees. Instead, Uber is making a strategic acquisition for a company that has developed software used by more than 500 transit agencies.