Buzz, Luxe, TC, uber

Uber is reportedly in talks to acquire valet startup Luxe’s tech and engineers


Uber is in late-stage talks to acquire Luxe, the on-demand car valet service, The Wall Street Journal and Recode report, citing sources. TechCrunch has since learned that the talks are indeed happening, but that the deal hasn’t closed and therefore could unravel.

The plan is for Uber to acquire some of Luxe’s technology and engineering talent, according to Recode. This week, Uber has been interviewing engineers from Luxe to determine who to keep from the company, according to the WSJ.

Back in April, Luxe ended its door-to-door valet service, with CEO Curtis Lee saying that the company was changing directions. As part of the deal, however, Lee will reportedly not be joining Uber because he’s still going to work on some version of Luxe.

I’ve reached out to Uber and will update this story if I hear back.

Developing..



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