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Uber acquires Routematch as it drives deeper into public transit in hunt for SaaS revenue

Uber said Thursday it has acquired Routematch, an Atlanta-based company that provides software to transit agencies as the ride-hailing company looks to offer more SaaS-related services to cities.
Uber did not share terms of the deal. However, it doesn’t appear to be a minor “acquihire,” in which a company is purchased to land a few talented employees. Instead, Uber is making a strategic acquisition for a company that has developed software used by more than 500 transit agencies.
The operations of the 170-person company will continue and CEO Pepper Harward will remain.
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