Thursday, February 16, 2012
Recargo Buys PlugInCars.com
Los Angeles-based Recargo, a startup which is developing mobile apps for helping electric vehicle owners find the nearest electric charging stations, said this week that it has acquired PlugInCars.com, an online news and community site focused on electric vehicles and plug-in hybrids. Financial terms of the acquisition were not disclosed. PlugInCars.com was launched in 2010 by Brad Berman, and according to Recargo had an average of 70,000 unique monthly visitors in 2011. Recargo is headed by Brian Kariger, who previously headed up Lexico Publishing Group, the company ran Dictionary.com, Thesaurus.com and Reference.com until its acquisition by IAC/Ask.com in 2008. Recargo's apps run on both iPhone and Android.