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

  • Utah DoT and Panasonic get connected
    August 30, 2019
    Utah is making smart roadways a priority and has entered a partnership with Panasonic to move things forward. Adam Hill asks Utah DoT to outline where the state is heading Utah Department of Transportation (UDoT) has form when it comes to connectivity. It built the first operational connected vehicle corridor in the US – and has now joined up with Panasonic to extend its operation. “When we work with technology providers, we are working together to get that win-win,” says Carlos Braceras, UDoT executi
    Read More
  • UAE introducing new tolling system
    August 7, 2019
    A new road tolling system is to be implemented in Abu Dhabi in the United Arab Emirates. Sophisticated electronic tolling technology is being installed at the four bridges, Al Maqtaa, Mussafah, Sheikh Zayed and Sheikh Khalifa, that connect with Abu Dhabi city. Introducing this tolling system is expected to generate an estimated US$109 million/year in revenue. This will be used to help develop transport infrastructure in Abu Dhabi so as to reduce the reliance on the road network for commuting, improving traf
    Read More
  • Q-Free expands technology offering with acquisition of TCS
    January 2, 2013
    Norwegian-headquartered tolling specialist Q-Free is to acquire 100 per cent of the shares of TCS International (TCS). Established more than ten years ago, TCS has fifteen employees, with offices in Boston, US, and a subsidiary in Toronto, Canada. The company provides advanced transportation management systems (ATMS), specialising in intelligent parking guidance and management systems. TCS offers consulting solutions and systems design for a wide range of clients including cities, transportation organisati
    Read More
  • On-demand is Denver’s command
    March 6, 2017
    While demand responsive transit overcomes many problems, it has been too expensive to provide for the general public but Denver believes it may have found a solution. Cost-efficiently meeting fluctuating passenger levels within available resources can prove a serious challenge for general publicoriented demand responsive transit. There is growing US interest in this mode - as distinct from the already established use of demand responsive transit for specialised needs, such as paratransit for the disabled –
    Read More

Highlighted Content