18 Sep 17

Volvo buys premium valet and concierge service Luxe

Swedish carmaker Volvo announced it has acquired the advanced software and technology platform, technology, key staff and other assets of Luxe, a US based premium valet and concierge service. The reason behind this acquisition is that it provides Volvo with a major boost in the development of digital services that simplify consumer experience.

Volvo say the take-over of Luxe will accelerate its ability to offer digital customer experiences such as pick-up and drop-off services, adding a new level of convenience for Volvo owners. More specifically, the technology behind Luxe includes advanced algorithms in the areas of routing, logistics planning and arrival time prediction.

Key data scientists, app developers and software engineers currently employed by Luxe will join Volvo’s digital organisation in Silicon Valley.

Picture copyright: Volvo, 2017

Authored by: Dieter Quartier