Uber has entered into an agreement to acquire the UK technology company Autocab. Autocab provides private hire and taxi operators with technology to run their business, including booking and dispatch software.
Through Autocab’s iGo marketplace, Uber will be now able to connect riders with local operators who choose to take their booking.
Post-acquisition, Autocab will remain independent with its own board focussed exclusively on providing technology to the taxi and private hire industry around the world.
Jamie Heywood, Regional General Manager, Northern & Eastern Europe, Uber, says: “Autocab has worked successfully with taxi and private hire operators around the world for more than thirty years and Uber has a lot to learn from their experience. We look forward to working with the Autocab team to help local operators grow and provide drivers with genuine earnings opportunities.”
Safa Alkatab, CEO of Autocab, adds: “Autocab has been working with local operators across the world to provide the technology to make them more efficient and open up a marketplace to provide more trips. Working with Uber we can scale up our ambitions, providing hundreds of thousands of additional trips for our customers, and help cement the place of licenced operators in their local community.”
Autocab says it believes Uber’s technology can help accelerate its global ambition and the growth of its customers’ businesses.