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

  • ITS innovations – a change for the better?
    May 5, 2016
    Josef Czako takes a look at what the future developments may hold for both the transport sector and society. As the dust of the 2015 World Congress in Bordeaux settles, we can begin to see more clearly some of the most important future innovations in ITS are starting to be linked together: mobility as a service (MaaS), mobility pricing and autonomous vehicles. They all are based on global trends, like digitalisation, automation and servitisation.
    Read More
  • Swarco acquires British traffic group
    May 8, 2014
    Austrian traffic technology group Swarco has acquired the APT group of companies, creating one of the largest traffic and parking management systems businesses in Europe.
    Read More
  • Kapsch highlights new projects at Middle East Rail exhibition
    January 29, 2014
    Kapsch CarrierCom will take advantage of its presence at Middle East Rail, the region's largest rail exhibition and conference from 4 to 5 February in Dubai to highlight its new all in-one cab radio for locomotives, designed for simplified deployment and offering a feature set which supports new, value-added applications and an option to activate a fully Arabic user interface. The company will also provide detailed information about new projects in the region, where it is to provide GSM-R technology for
    Read More
  • ITS Australia starts countdown to ITSWC2016 in Melbourne
    June 14, 2016
    In just five month’s time, the 23rd ITS World Congress will open in Melbourne, Australia, hosted by ITS Australia on behalf of ITS Asia Pacific, Ertico and ITS America. Susan Harris, CEO of ITS Australia is here in San Jose to promote what promises to be not just an unmissable event, but an important business opportunity for American firms.
    Read More

Highlighted Content