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Announced

Uber to acquire RouteMatch.

Synopsis

Uber agreed to acquire RouteMatch,a developer of the transportation software. Financial terms were not disclosed. "Public transportation will always be a vital artery that connects people to their cities and towns. But as many have told us, there are many challenges that simply did not exist when fixed route services and systems were created decades ago. We believe that inclusive transportation software can help transit agencies deliver more value for riders, businesses, and communities. We are extremely excited to bring together ideas, products, and insights from our team’s collective expertise. As allies of public transit, we look forward to finding new ways our technologies can improve transit riders’ end-toend experiences, and expand accessibility even further for those who need it," David Reich, Routematch CEO and Uber Transit & Pepper Harward Head.

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