Singapore, Middle East companies invest in 2Getthere

Singapore-based SMRT International is to acquire a 20 per cent state worth US$4.4 million (€4 million) in Dutch automated vehicle (AV) manufacturer 2Getthere Holding (2Getthere). Abu Dhabi technology company United Technical Services (UTS) is increasing its holding in 2getthere to 11 per cent. The companies say these investments are a strategic step that aims to increase 2getthere’s technological capabilities as a provider of AV systems. It will also enhance the delivery of current and new projects in th
July 1, 2016 Read time: 2 mins
Singapore-based SMRT International is to acquire a 20 per cent state worth US$4.4 million (€4 million) in Dutch automated vehicle (AV) manufacturer 8172 2Getthere Holding (2Getthere). Abu Dhabi technology company United Technical Services (UTS) is increasing its holding in 2getthere to 11 per cent.

The companies say these investments are a strategic step that aims to increase 2getthere’s technological capabilities as a provider of AV systems. It will also enhance the delivery of current and new projects in the Middle East and Asia Pacific.

Carel van Helsdingen, CEO of 2getthere, said the investment and involvement of SMRT and UTS in 2getthere strengthens its ability to deliver complete and completely automated, systems.

SMRT International, which has been working with 2Getthere since 2010, sees a growing demand for AVs in Asia and looks to further expand operations into international markets through the provision of consultancy services and operational expertise with transportation networks. 2getthere Middle East and UTS believe 2getthere’s solution is aligned with the push for greater autonomous transport within the Middle East in general, and specifically in the United Arab Emirates.
Location Based Systems

For more information on companies in this article

Related Content

  • FOTsis targets ‘socially inclusive’ cooperative ITS
    December 5, 2013
    The FOTsis project addresses the imbalances between the vehicular and infrastructure sides of cooperative ITS infrastructures and looks to ensure road operators can help to enrich future technology applications. By Jason Barnes. Several developments have conspired to push the vehicular side of cooperative infrastructures/cooperative ITS to the fore in recent years. The automotive industry’s rather shorter product development and lifecycles combined with economic slowdown in many regions gave rise to the not
    Read More
  • Cubic (ITMS) wins key London traffic signals maintenance contract
    August 1, 2014
    Transport for London (TfL) has awarded Cubic (ITMS), a subsidiary of Cubic Transportation Systems, a six-year contract worth some US$85 million to maintain and expand the use of intelligent traffic signals, as well as new crossings for pedestrians and cyclists, at strategic points across the city. The contract includes a provision for a further two-year extension. The Traffic Control Management Services 2 (TCMS2) contract covers the whole of London. Cubic has been assigned responsibility for 1,000 traff
    Read More
  • Delphi to partner Singapore LTA on autonomous vehicle technology
    August 2, 2016
    UK company Delphi Automotive has been selected by the Singapore Land Transport Authority (LTA) as a strategic partner to implement autonomous mobility concepts. The company will provide a fleet of fully autonomous vehicles and will develop a cloud-based mobility-on-demand software (AMoD) suite and will conduct a trial of an urban, point-to-point, low-speed, autonomous, mobility-on-demand service in Singapore's Autonomous Vehicles Test Bed located at a business park in the western area of the city. D
    Read More
  • Growing use of video monitoring in traffic management
    February 2, 2012
    The county-wide expansion of CCTV coverage in Florida Department of Transportation's District Four is detailed by Citilog's Eric Toffin
    Read More

Highlighted Content