Wednesday: January 2, 2013
- Avis acquires Zipcar for a mere $500 million.
Avis says it expects to generate $50 to $70 million in ‘annual synergies’ as a result of the deal. FYI: The company booked $7.3 billion in revenue for the full year 2012, and employs roughly 29,000 employees today. The transaction is expected to close in the spring of 2013.
Wednesday: September 30, 2009
- Zipcar pulls the curtain back on their very own iPhone app.
You can unlock a reserved Zipcar's car doors and even honk the horn remotely - all with your iPhone.