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

  • Growth of outsourcing simplifies transportation operations
    June 11, 2012
    Xerox Chairman and CEO Ursula Burns will deliver the keynote address at the opening plenary of ITS America’s 2012 Annual Meeting in May. She talked to ITS International about the acquisition of ACS, its rebranding and the importance of the transportation sector to Xerox
    Read More
  • Transport in the round
    October 13, 2015
    The ITF’s Mary Crass tells Colin Sowman why future transport demands will require governments to overcome the silo effect of individual single-modal authorities. The only global multimodal transport policy organisation,” is how Mary Crass describes the International Transport Forum (ITF), which is housed at the Organisation for Economic Cooperation and Development (OECD). As head of policy and summit preparation at the ITF she says: “All other organisations are either regional or have a modal focus, we cove
    Read More
  • Suppliers reshape to provide tolling and traffic management expertise
    August 2, 2013
    Jason Barnes examines the trend towards single source supply of complete tolling and traffic management solutions with some senior tolling industry figures. Only a few years back, the major tolling system suppliers were aggressively positioning themselves as one-stop shops for tolling solutions and operations. No sooner has that little flurry of innovation settled than another trend has emerged – tolling companies wanting to become major ITS suppliers as well. Various tolling company seniors have in recent
    Read More
  • Iomob searches for middle ground in Sweden
    July 15, 2020
    Does a MaaS ecosystem work best if it’s open or closed? A new project with Swedish regional transit agency Skånetrafiken might just answer that, write Boyd Cohen and Scott Shepard of Iomob
    Read More

Highlighted Content