Uber is 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 first reported, 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. 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.

Luxe had previously raised over $ 75 million, with its most recent round coming in at $ 50 million last April.

Uber declined to comment for this story.

TechCrunch

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