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

  • TRW showcases driver assist systems
    June 5, 2014
    TRW Automotive demonstrated its driver assist systems (DAS) and outlined expected trends in sensor technologies during the company's recent bi-annual Ride and Drive event at the Hockenheimring in Germany. According to Andrew Whydell, TRW Electronics’ director of product planning, DAS has and will continue to be a focal point for the automotive industry as governments and industry bodies strive to reduce road fatalities worldwide. For example, the European New Car Assessment Program (EuroNCAP) and the Ins
    Read More
  • Half of top OEMs work on LiDAR technology for ADAS
    October 13, 2015
    Light detection and ranging (LiDAR) technology, as part of an advanced driver assistance system (ADAS) sensor suite, will be mostly deployed for active safety functions with only 29 per cent fitted for fully automated driving purposes by 2021, according to Frost & Sullivan. Out of the top 13 original equipment manufacturers (OEMs), seven are working on automated driving passenger vehicles using a LiDAR. Frost & Sullivan’s latest analysis, LIDAR-based Strategies for Active Safety and Automated Driving from M
    Read More
  • M&A in ITS: upward mobility
    February 17, 2021
    2021 has kicked off with a flurry of M&A activity. Adam Hill asks the bosses of IRD and Iteris what we should make of their new purchases – and finds out why the whole process is a bit like dancing…
    Read More
  • Ground-breaking neutral V2X platform for C-ITS
    June 7, 2021
    Monotch's TLEX can be used by multiple stakeholders across C-ITS ecosystem
    Read More

Highlighted Content