moovel GmbH Announces Two Acquisitions To Accelerate Growth In Mobility Space

Sep 3, 2014

moovel GmbH announced today that car2go North America LLC, a brand of moovel, has acquired RideScout LLC, the leading app-based mobility platform in North America, dedicated to allowing users to search and compare ground transportation options on demand. In addition, moovel GmbH announced today that it has completed its acquisition of Intelligent Apps GmbH ("mytaxi"), a global and fully automated, app-based taxi booking service. Terms of the agreements were not disclosed, and the transactions were completed on September 2nd, 2014 and August 29th, respectively

The transactions will bring car2go North America and moovel GmbH two of the most expansive and uniquely positioned tech companies in today's urban mobility space

RideScout is managed by Joseph Kopser and Craig Cummings, who founded the company in 2011. Offering more than 300 mobility providers for users to choose from a one-stop mobile application, RideScout is available in 69 cities in North America. Following the acquisition, RideScout will operate as a subsidiary of car2go North America and will continue to operate out of the company's headquarters in Austin, Texas. Joseph Kopser and Craig Cummings, Chief Executive Officer and Chief Strategy Officer, will continue to manage the business

With the acquisition of Intelligent Apps GmbH, moovel GmbH plans to accelerate the international expansion of the taxi booking app and intensify collaborative product development

Launched in 2009, mytaxi is the world's first app to enable direct connections between taxi users and taxi drivers. With a global volume of more than ten million downloads, mytaxi is the front runner in the field of taxi booking apps. At the beginning of 2012, then under the name of car2go Deutschland GmbH, moovel GmbH acquired a holding in mytaxi

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