Traffic Technology Services expands to Europe

US-based Traffic Technology Services (TTS) is expanding into Europe, with the creation of a subsidiary, TTS Europe, to expand the company in connected vehicle application data content. The new company will be based in Munich, headed by Dr Frank Offermann as CEO and will officially open in 2016. TTS is the developer of the Personal Signal Assistant product portfolio, used by OEMs and Tier 1s in various connected vehicle applications from engine management to recommended speeds for eco-driving. TTS is now
November 19, 2015 Read time: 2 mins
RSSUS-based Traffic Technology Services (TTS) is expanding into Europe, with the creation of a subsidiary, TTS Europe, to expand the company in connected vehicle application data content. The new company will be based in Munich, headed by Dr Frank Offermann as CEO and will officially open in 2016.

TTS is the developer of the Personal Signal Assistant product portfolio, used by OEMs and Tier 1s in various connected vehicle applications from engine management to recommended speeds for eco-driving. TTS is now deploying the Personal Signal Assistant service worldwide in select metro areas, expanding on the deployment started in North America.

"The market for TTS data products is maturing faster than anticipated, and TTS is preparing for the future," said Thomas Bauer, TTS chief executive officer. "The addition of TTS Europe will allow us to implement our technologies in Europe, which we have already proven as a global, scalable solution."

Dr Offermann adds, "Our customers have asked us to expand our data products and services to Europe, to address the unique transportation problems, especially on motorways."
Location Based Systems

Related Content

  • The scourge of poor air quality and rising pollution levels and how they can be tackled
    December 20, 2021
    Arguably, air pollution is one of the greatest challenges facing our world today. It impacts people, economies and the environment. It is clear that policymakers must act swiftly to improve air quality. ITS has a huge role to play in providing solutions. Here, Swarco, as a solution provider, shares inside tips on how to use modern ITS to save lives, economies and the environment.
    Read More
  • Telvent relocates and takes a global stance on ITS
    March 12, 2012
    Telvent's Manuel Sanchez Ortega, on relocating the company's headquarters to the US and how that fits in the international scheme of things. The change-of-address cards are in the post; Manuel Sanchez Ortega has just moved homes. The domestic upheaval of Telvent's Chairman and Chief Executive comes as a result of the decision to relocate many of the company's headquarter functions from Madrid to Rockville, Maryland in the US. Viewed in the context of its significant recent acquisitions in North America - am
    Read More
  • TomTom expands fleet management market
    January 24, 2013
    TomTom Business Solutions has joined forces with stolen vehicle recovery specialist LoJack to expand the North American distribution network for its fleet management technology. LoJack will use its extensive dealer network to market, sell and support TomTom’s range of fleet management solutions, including TomTom PRO, TomTom Link 510, TomTom Webfleet, ecoPlus as well as the Live services including HD Traffic. “This strategic alliance enables both companies to strengthen their position as best-in-class provid
    Read More
  • Indra implements ITS technology on Mexico’s Guadalajara-Tepic motorways
    May 22, 2012
    The leading road concessionaire in Mexico, Ideal, has awarded Spanish multinational Indra a US$21.67 million contract for implementing its technology in the three motorways that make up what is known as Mexico's South Pacific Package for the amount of €17 million. The project consists of implementing the ITS as well as the tolls and electronic tolls on the motorway that connects the cities of Tepic and Guadalajara, the second most important in Mexico, as well as in the beltways of both cities.
    Read More

Highlighted Content