Q-Free acquisition expands ATMS business

Q-Free has further expanded its advanced traffic management systems and road user charging business, with the acquisition of US company Open Roads Consulting. Q-Free says Open Roads Consulting's software solutions will be a valuable addition to its own ATMS solutions in the US and internationally. Established in 2000, Open Roads Consulting has 74 employees and operates mission critical traffic deployments and video based surveillance of critical assets in 30 states in the US. “We are happy to close t
September 23, 2014 Read time: 2 mins
108 Q-Free has further expanded its advanced traffic management systems and road user charging business, with the acquisition of US company 5660 Open Roads Consulting. Q-Free says Open Roads Consulting's software solutions will be a valuable addition to its own ATMS solutions in the US and internationally.

Established in 2000, Open Roads Consulting has 74 employees and operates mission critical traffic deployments and video based surveillance of critical assets in 30 states in the US.

“We are happy to close the Open Roads transaction and are eager to move ahead. The acquisition of Open Roads Consulting represents a milestone for Q-Free. Over time the company will become a global fully-fledged ITS player with significant presence in the US.

The current acquisition is a strategic good match with other ATMS and RUC activities within the group; Q-Free's number of employees in the US increases to approximately 100 and we intend to build from here,” says CEO Thomas Falck.

The acquisition of Open Roads Consulting is Q-Free’s third acquisition in 2014, following the inclusion of 131 TDC Systems in the UK and 7724 Traffic Design in Slovenia into the Group earlier this year.

The company’s ATMS business has been strengthened substantially over the last couple of years, with the acquisition of US based parking guidance company TCS International in 2012, followed by the acquisition of the Serbian traffic management company 7723 Elcom and a strategic ten percent investment in Intelight in the US in 2013.
Charging, Tolling & RUC Urban Traffic Control

Related Content

  • Truck digitisation and tech developments in freight ‘will boost Europe’s CV telematics market’
    January 11, 2017
    According to research by Frost & Sullivan, growth opportunities are strengthening in the commercial vehicle (CV) telematics market in Europe with the imminent arrival of value-added services such as video-based safety solutions, mobile base on-demand freight exchange platforms, and field service management solutions. While penetration of fleet management services (FMS) in large and medium fleets is relatively high, addressing challenges such as awareness, adequate training, and better business cases are key
    Read More
  • Swarco completes Dynniq Mobility buy
    October 13, 2021
    Less than two weeks ago, Swarco announced the acquisition of Dynniq Mobility, a move being talked about here in Hamburg and one that will have beneficial implications for the ITS industry in Europe
    Read More
  • Redflex enforces commitment to ethics
    May 29, 2013
    Redflex has introduced stringent ethical and procedural requirements following an investigation into corruption in Chicago. Like the Phoenix, which also happens to be the name of the company’s home city, Redflex Traffic Systems has been reborn. Following a headline-making public relations debacle late last year, Redflex has reinvented itself, establishing a series of stringent policies and procedures to ensure ethical business conduct, while continuing to deliver the traffic safety technology and services t
    Read More
  • Porsche SE completes acquisition of PTV
    September 15, 2017
    The sale of nearly 100 percent of PTV Planung Transport Verkehr (PTV), Karlsruhe, to Porsche Automobil Holding (Porsche SE), Stuttgart, announced in June, has now been completed. PTV provides software for traffic planning and management and transport logistics.
    Read More

Highlighted Content