CMT announced the sale of Mobile Knowledge, a taxi dispatch solutions provider, to iCabbi, a provider of cloud-based taxi dispatch programs throughout Europe and North America.
As part of this newly formed partnership, CMT will become iCabbi's preferred payment provider for its customers and, in return, iCabbi will become CMT's preferred dispatch partner for its users. The companies hope that more than 150,000 taxis across the world will benefit from the partnership.
Through iCabbi's cloud-based technologies, customers will be able to book rides and track driver locations while at the same time integrating CMT's payment platform for what is hoped becomes a seamless customer experience.
Jason Poliner, Vice Chairman & President of CMT commented: "We are proud of the work which gave rise to making Mobile Knowledge the successful and innovative company it is today. iCabbi's acquisition and our subsequent global strategic alliance strengthens CMT's ability to bring new products and services as well as making our global taxi operations more efficient and modern for years to come."
iCabbi has 700 customer fleets, powering over 100,000 taxis in the USA, Canada, Ireland, UK, Finland and Australia, with its cloud based Taxi 360 platform.
iCabbi founder and CEO, Gavan Walsh, said: "iCabbi's vision is to put taxi companies at the centre of mobility. We believe the future is bright for the taxi industry and we're here to ensure our customers succeed.
“Welcoming Mobile Knowledge to the iCabbi Group enables us to strengthen our operational foothold in North America and to expand our network and market share. We're eager to draw on the vast experience of the Mobile Knowledge team, and are excited by the benefits that our strategic alliance with CMT will bring.”