Uber to Acquire Routematch in Latest Transit SaaS Push
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Uber has made the official announcement that 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.
However, Uber did not disclose the amount and other terms of the deal. As a part of the deal, Routematch will integrate closely with Uber’s pre-existing public transit service ‘Uber Transit’ to make public transportation “more accessible”.
The acquisition unlocks Ubers’ push to become a Software-as-a-Service (SaaS) provider to public transit agencies. Whereas, Routematch’s software enables trip planning, live vehicle tracking, online payment, and tools for fixed-route transit like buses as well as paratransit services.
The 20-year-old company holds a wide range of customers & covers a large area, including rural and suburban enclaves.