Vinci acquires a stake in ETC supplier TollPlus

Paris-based global toll roads concession and construction company Vinci has taken an unspecified strategic stake in TollPlus, the Phoenix-based developer of electronic toll collection systems, through its Vinci Highways US subsidiary.
September 16, 2016 Read time: 1 min

Paris-based global toll roads concession and construction company 5176 Vinci has taken an unspecified strategic stake in TollPlus, the Phoenix-based developer of electronic toll collection systems, through its Vinci Highways US subsidiary.

TollPlus, already active in the USA, currently deploys its transaction management system across almost 350 toll plazas in India.

According to Vinci, the acquisition is intended to support the growth of TollPlus and strengthen its own positions in the ETC market, which it believes is set to grow sharply in the USA, Latin America, Europe and Asia.

5938 Cofiroute USA, Vinci Highways' and TollPlus have developed a working relationship in back-office services for ETC.

Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Smart railways market ‘worth US$13.77 billion by 2020’
    January 15, 2016
    According to new market research report by MarketsandMarkets, the smart railway market is predicted to grow from US$5.34 Billion in 2015 to US$13.77 Billion by 2020, at a CAGR of 20.8 per cent over the period. The smart railways concept includes the combination of advanced solutions and services of intelligent transportation with the information and communication technology. It facilitates the smart use of rail assets, from tracks to trains which will enable companies to meet the increasing consumer dema
    Read More
  • Q-Free reinforces ITS capabilities, expertise at World Congress
    September 18, 2012
    Q-Free intends to use its appearance at the ITS World Congress to reflect a broader and more accurate reality of the company’s strength and capabilities. That’s not going to be difficult, if one considers the technological and geographical diversity of the company’s success since the beginning of this year alone.
    Read More
  • Danlaw buys Cohda Wireless
    January 9, 2024
    Connected vehicle and V2X specialist are looking for 'remarkable results' from acquisition
    Read More
  • Tolling expected to be fastest growing application of ALPR, says report
    February 12, 2014
    According to global information company, the growing adoption of automatic license plate recognition (ALPR) technology is having an adverse impact on the vehicle entrance control industry, specifically the vehicle barrier and off-street parking systems markets, according to IHS. The presence of ALPR technology is increasing the most for toll ways and off-street parking garages, which is negatively impacting the growth of vehicle barriers, the research firm reports. In ALPR mature markets such as the Amer
    Read More

Highlighted Content