Zipcar to Merge with Rival Car Sharing Service Flexcar

San Francisco -- Zipcar, the Massachusetts-based car sharing service that relies heavily on the Internet for managing its members and fleet, said on Wednesday that it will merge with Flexcar, a Seattle-based counterpart owned by Steve Case's investment firm Revolution. Financial terms of the deal were not disclosed. Both Zipcar and Flexcar currently operate car sharing programs in San Francisco, with members reserving vehicles online or through mobile devices, using a smartcard to open the doors, then returning the cars at the end of their reservations. An hourly or daily fee covers gas, insurance, maintenance, parking and emergency service. "When we acquired Flexcar in 2005 our goal was to bring car sharing to more people in more places," said Case, the chairman of Revolution and co-founder of AOL. "The Zipcar merger will accelerate this effort."
http://biz.yahoo.com/prnews/071031/new045a.html?.v=1 
http://www.Flexcar.com 
http://www.Zipcar.com