Skip to main content

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.

For more information on companies in this article

Related Content

  • Iteris reports first quarter 2014 revenue increase
    July 31, 2013
    US intelligent traffic management specialist Iteris has improved financial results for its fiscal first quarter ended 30 June 2013, with total revenues total revenues in the first quarter of fiscal 2014 increased by 4 per cent to US$17.0 million compared to US$16.3 million in the same year-ago quarter. The increase was primarily attributed to a 5 per cent increase in both roadway sensors and transportation systems revenues.
  • Fontinalis Partners and Econolite Group to Sponsor Investor Matching Event at 2014 ITS World Congress
    March 21, 2014
    Fontinalis Partners and Econolite Group are to be sponsoring investors for Intelligent Transportation Society of America’s (ITS America) inaugural Transportation for Tomorrow Investor Matching Event at this year’s World Congress on Intelligent Transport Systems, 7-11 September in Detroit, Michigan. The Investor Matching Event will bring together premier financial and strategic investment groups with young and dynamic companies, whose entrepreneurs have cutting-edge technologies and ideas in the fields
  • Flir takeover of Traficon and the role of thermal imaging
    February 28, 2013
    Andy Teich, president of commercial systems at Flir, discusses the growing role of thermal technology in ITS and his company’s latest high-profile acquisition with Jason Barnes. Andy Teich, Flir’s president of commercial systems, doesn’t want to talk about infrared (IR). Instead, he’d prefer, he says, to discuss ‘thermal technology’. It is, he explains, to differentiate between the imaging technologies which his company specialises in and the LED illumination of IR cameras, an altogether different beast. Fl
  • Q-Free unveils QPoint positioning technology during ITS World Congress 2012
    October 23, 2012
    Q-Free ‘s message at this World Congress centres around its global strength and capabilities, underpinned by advanced technology, such as the QPoint positioning technology which is being unveiled here in Vienna. It’s less than a month since the company was awarded a contract for the design, supply and installation of an electronic tolling system for the iconic Sydney Harbour Bridge, just a few months after Brisbane Airport Corporation in Australia appointed Q-Free to design and construct an electronic acces