Wunder Mobility, a mobility technology company, has acquired the technology of KEAZ, an Australia-based carsharing and rental technology provider.
KEAZ's technology allows car rental agencies, car dealerships, and corporates to provide users with shared access to vehicles via a customized mobile application and back-office management tool, according to the company.
"This is clearly a period of economic uncertainty in the mobility space and we're doing everything we can to invest in the future of our industry," said Sam Baker, co-founder and president of Wunder Mobility. "Our acquisition of KEAZ is in direct response to our customers' requests for more functionality in the area of rental operations in order to increase utilization rates of vehicles and lowering costs. With this acquisition, our customers will have expanded access to world-class technology that specifically works with the needs of rental operators and beyond."
As part of the deal, KEAZ team members will be joining the Wunder Mobility team as it continues to further develop the technology under the Wunder Rent brand. The KEAZ team members will stay in Australia.
"Wunder Mobility has built an impressive team and technology offerings and we are very excited to be joining its ecosystem," said Tim Bos, KEAZ’s founder and chief technology officer. "There are many synergies between our companies, and this transition will provide us with the opportunity to take the KEAZ technology to the next level, together."