MOIA, Volkswagen’s Mobility Firm Acquires Split Finland Oy

Volkswagen Group’s recently founded company, MOIA, is focused on the emerging new mobility sector and has just announced that it is  acquiring the pioneering Finland-based software firm Split Finland Oy.

As a result of the acquisition, Split Finland Oy will become MOIA Finland Oy and will be refocused around the development of software and pooling algorithms for use in MOIA’s newly conceived ride-pooling service under the leadership of co-founder Teemu Sihvola.

“We are delighted to welcome our new colleagues in Finland who have pioneered the digital ride-pooling. Their competence and experience will play an important role in the development of MOIA,”

commented Ole Harms, MOIA’s CEO, in a press release.

“From now on, Finland will be our expert hub and development location for the pooling algorithms behind MOIA’s shuttle-on-demand.”

Split Finland was founded in 2011 as Ajelo Oy. It developed the world’s first fully automated pooling solution. That technology enables ride requests from users who are travelling in similar directions to be served with just one vehicle in a fully automated and dynamic way. Would-be passengers use an app to notify the system of their location and destination. An algorithm then calculates the most efficient route possible for the shuttle, thus making highly efficient and sustainable real-time shared mobility possible.

Volkswagen Group’s MOIA, is focused on the development and commercialisation of a ride-pooling concept—probably more accurately described as an on-demand taxi service—with the intent being to keep up with the rapid changes occurring and expected to occur in the transportation sector. MOIA currently employs around 50 people in Hamburg and Berlin.

Photo credit: http://www.colourbox.com. Material used in the preparation of this article has been drawn from Gruender Szene.

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