Hertz Global Holdings, Inc. (Nasdaq: HTZ) — commonly "Hertz"
Hertz Global Holdings, Inc. is a publicly traded vehicle rental company headquartered at 8501 Williams Road, Estero, Florida. Hertz Holdings was incorporated in Delaware in 2015 as the top-level holding company for The Hertz Corporation, whose predecessor businesses have operated in vehicle rental and leasing since 1918. It trades on the Nasdaq Global Select Market under the ticker HTZ. Public sources put headcount at roughly 26,000 employees and trailing-twelve-month revenue at about $8.5 billion (FY2025), with a market capitalization in the low billions. Ownership is public; the company was formerly private-equity backed and relisted in 2021.
Operations. Hertz rents vehicles and sells related value-added services, principally through the Hertz, Dollar and Thrifty brands, and also sells used vehicles from its fleet. It reports two segments: Americas RAC (U.S., Canada, Latin America, Caribbean) and International RAC (other regions, with a large company-operated network in Europe plus franchisees and partners). It has made small venture investments in mobility and car-sharing startups (e.g., UFODRIVE). This is an operating company, not a licensor.
Litigation posture. Based on tracked data, Hertz appears only as a defendant (0 plaintiff cases, 1 defendant case) — the profile of an operating company being attacked rather than an active two-way litigant. The single tracked suit, Cedar Lane Technologies Inc. v. Hertz Global Holdings, Inc., was filed in the W.D. Tex. before Judge Alan Albright, a venue noted for patent-assertion activity.
Notable case. Cedar Lane Technologies, a Canadian entity founded in 2019 that has been characterized as a patent assertion entity and reported to have acquired patents originating with Intellectual Ventures, sued over imaging-array "host interface" patents (US 6,972,790 and US 8,537,242) relating to image-sensor data interfaces used in camera-equipped products. Filed November 23, 2022 (No. 6:22-cv-01216, against The Hertz Corporation), the action was voluntarily dismissed by the plaintiff on March 29, 2023 before Hertz answered; the public record contains no merits ruling or claim construction. No case outcome here should be read as a finding on validity or infringement.