Zipcar Acquires Local Motion for Undisclosed Sum

  • Feed Type
  • Date
    8/21/2015
  • Company Name
    Local Motion
  • Mailing Address
    15 North Ellsworth Avenue San Mateo, CA 94401 USA
  • Company Description
    Local Motion is the first company to graduate from the Lemnos Labs hardware incubator program. The startup manufactures a module that can be installed in any vehicle to make it more shareable.
  • Website
    http://www.getlocalmotion.com
  • Transaction Type
    M&A
  • Transaction Amount
    Undisclosed
  • Transaction Round
  • Proceeds Purposes
  • M&A Terms
    Financial terms of the transaction were not disclosed by the companies.