Thursday, 6 August 2020

Uber buys UK software firm, expands reach from 40 locations to up to 170


Even though it’s had its operating license revoked in London, England, Uber is still intent on burrowing its way into as many other corners of the country as it can. Bloomberg’s Katharine Gemmell reports that the ride-hailing company has bought Autocab, a British company that specializes in making software for taxi firms. There’s nothing out of the ordinary here, tech companies acquire other firms all the time. This acquisition however, will increase Uber‘s UK market presence from 40 locations to up to 170 in one fell swoop. [Read: Trade secret stealing ex-Googler sues Uber for $4B] Through integrating with Autocab’s…

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