Announced
Completed
Financials
Sources
Tags
Domestic
Majority
Completed
Single Bidder
Private
Software
transportation software
transportation
United States
Acquisition
Friendly
Synopsis
Modaxo, a mobility technology services provider, completed the acquisition of Routematch, a mobility software manufacturer, from Uber Technologies, a ride hailing platform. Financial terms were not disclosed. “Modaxo’s sole focus is on people transportation and we look to acquire and grow technology businesses that drive growth for the sector. When we invest in a business like Routematch, we invest in their technology, people, and customers for the long-term. This acquisition reinforces our commitment to public transit and brings us another step closer towards achieving our goal of moving the world’s people," Rod Jones, Modaxo Head of Americas.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.