Car Sharing RelayRides Acquires Wheelz
Peer-to-peer car sharing Wheelz is joining forces with its larger car sharing competitor, RelayRides.
RelayRides, a peer-to-peer car sharing company, announced today the acquisition of peer-to-peer car sharing platform Wheelz.
"The acquisition of Wheelz brings new talent, technology and resources that bring us even closer to our companies' shared goal of having a car within a 10-minute walk for at least 100 million Americans by the end of 2015," said Andre Haddad, CEO of RelayRides. "Given our mutual vision to revolutionize personal mobility, we are well positioned to immediately enhance our members' experience and turbo-charge the growth of peer-to-peer car sharing."
Before expanding to the urban centers of San Francisco and Los Angeles, Wheelz first introduced its service on college and university campuses throughout California in 2011.
"I am proud of what the Wheelz team has accomplished over the last two years,” said Jeff Miller, CEO of Wheelz. “This acquisition is a critical step toward realizing our collective vision. The combined company is stronger than ever and well positioned to bring a better, more economical transportation solution to people across the country."
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