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

  • ISS shows positive growth
    February 27, 2014
    Despite a five per cent decrease in revenue in the last quarter of 2013, US$6.5 million compared to US$6.8 million in 2012, Image Sensing Systems (ISS) posted an increase in total revenue for 2013, at US$26.3 million, up five per cent from US$25.0 million in 2012. Full year 2013 product sales increased 17 percent over 2012, to US$14.7 million, while Autoscope licence plate recognition (LPR) 2013 product revenue grew 34 percent over 2012, to US$6.4 million. The company continues to invest in research, de
  • Canon to acquire Axis, expand video surveillance
    February 10, 2015
    Canon is to buy Swedish network video solutions specialist Axis Communications for US$2.8 billion, in the Japanese camera maker’s biggest-ever acquisition. As a key strategy toward the achievement its goal of maintaining its highly profitable structure and joining the ranks of the world’s top 100 companies, Canon aims to develop new business through globalised diversification.
  • Brown Traffic Products acquires Siemens traffic signals
    October 7, 2013
    Iowa, US, based Brown Traffic Products is to acquire certain assets of the traffic signal and cabinet manufacturing business units operated by Siemens in Austin, Texas. Siemens will remain focused on its traffic management systems and controller business. Upon the close of the acquisition, the 82 employees of Siemens’ manufacturing units will be integrated into Brown Traffic Products. Brown will maintain the Austin facility along with the other Brown locations in the Midwest. Financial terms of the trans
  • PTV Group boosts presence in China
    March 15, 2017
    German software provider PTV Group is expanding its international business in the transport and logistics sectors, with the appointment of a new managing director for its local branch office in Shanghai, China. With experience in all facets of transportation, Oscar Jiang Jing is charged with boosting the group's business in the Chinese market. In addition to the existing office in Shanghai, a further two regional offices will be established in Beijing and Chengdu within the next three years. The compa