Intelligent Apps, a Hamburg, Germany-based company which operates mytaxi, a European taxi app, has been acquired by moovel GmbH.
The amount of the transaction was not disclosed.
Founded by Nic Mews and Sven Külper, mytaxi is a globally available app, with 10m downloads, which enables passengers to connect directly to a taxi driver.
The company, which has been backed by T-Venture, KfW, e42 GmbH and Lars Hinrichs (Cinco Capital GmbH), employs more than 150 employees in Germany, Austria, Switzerland, Spain, Poland and the USA.
Read Moovel’s announcement here.
FinSMEs
03/09/2014