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

  • Co-operative infrastructure reduces congestion, increases safety
    January 30, 2012
    ITS Japan's Chairman Hiroyuki Watanabe talks to ITS International about his country's progress with cooperative infrastructures and how the experience gained to date can benefit similar initiatives elsewhere. Japan gave the rest of the world a taste of the cooperative infrastructure future when, in 1996, it went live with the Vehicle Information and Communication System (VICS). Designed to provide real-time traffic information and alerts to in-vehicle navigation systems with the dual aims of increasing safe
    Read More
  • Kapsch says US purchase will have world-wide impact
    June 3, 2014
    Peter Ummenhofer, head of the ITS Business Unit at Kapsch TrafficCom, discusses what the recent acquisition of US ATMS specialist Transdyn will mean for the company and the ITS sector. Even a brief perusal of Kapsch’s portfolio lends credence to the company’s assertion that it is more than ‘just a tolling systems and services supplier’. Over the past few years, the company has added road safety enforcement to its offering with significant commercial vehicle operations capabilities, including weigh in motion
    Read More
  • Telematics in south-east Asia
    November 12, 2012
    According to the latest report by independent technical consultancy SBD, End User Survey for Consumer Needs in South East Asia, 85 per cent of south-east Asian drivers already use some form of navigation each month. SBD surveyed 2,400 drivers in Indonesia, Malaysia and Thailand and implemented its consumer profiling tool to find out what connected services these drivers likely to need. South-east Asia has long been an afterthought market for the telematics industry, largely due to its poor road infrastruct
    Read More
  • Future EV owners can make money from the power grid
    May 17, 2012
    In what is being claimed as a landmark research report published by Ricardo and National Grid in the UK, the market potential is demonstrated for an electric plug-in vehicle fleet of the future to provide balancing services to the power grid on a commercial basis, returning value to vehicle owners while improving the carbon efficiency of grid operation.
    Read More

Highlighted Content