Kapsch TrafficCom expands into smart parking

Kapsch TrafficCom has expanded its presence into the US Silicon Valley and acquired controlling ownership of California-based smart parking solutions provider Streetline. Streetline is a major provider of real-time parking data, analytics and other smart transportation applications to more than 30 cities, universities and corporate campuses in North America and Europe. Kapsch says it will integrate Streetline’s smart parking applications and data analytics with Kapsch’s intelligent transportation sy
April 17, 2015 Read time: 2 mins
4984 Kapsch TrafficCom has expanded its presence into the US Silicon Valley and acquired controlling ownership of California-based smart parking solutions provider 579 Streetline.

Streetline is a major provider of real-time parking data, analytics and other smart transportation applications to more than 30 cities, universities and corporate campuses in North America and Europe.

Kapsch says it will integrate Streetline’s smart parking applications and data analytics with Kapsch’s intelligent transportation system (ITS) and electronic toll collection (ETC) and traffic management solutions (TMS) to provide motorists with a better end-to-end transportation experience.

“Transportation’s future is about enabling exceptional user experiences with intelligent mobility solutions,” said Georg Kapsch, CEO of Kapsch TrafficCom, adding, “Streetline’s industry-leading smart parking solutions are an ideal complement to Kapsch TrafficCom’s electronic toll collection and traffic management solutions introducing ‘whole trip’ efficiencies.”

“Streetline opens up new customer opportunities for Kapsch and offers smart parking solutions that assist motorists in finding available parking that best suits their needs,” said Manny Krakaris, president and CEO of Streetline.
Parking & Access Control Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • 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
  • Gentex and TransCore partner on vehicle-integrated, nationwide tolling solution
    January 5, 2016
    Gentex Corporation and TransCore are teaming up to provide auto manufacturers with a vehicle-integrated tolling solution that enables motorists to drive on all US toll roads without a traditional toll tag on the windshield. Currently more than 75 per cent of new car registrations are in states with toll roads with over 50 million drivers accessing these roads each year. The two companies have signed an exclusive agreement to integrate TransCore's universal toll module (UTM) technology into Gentex's elect
    Read More
  • Traffic Control deal prioritises Applied products in Midwest US
    January 15, 2024
    Firms increase cooperation across Midwest US, including the Dakotas and Michigan
    Read More
  • Joint venture delivers integrated parking payment
    October 31, 2014
    Mobile payment solutions provider Parkmobile USA is to partner with SP Plus Corporation (SP+) in a joint venture that will combine two parking transaction engines to deliver on-demand and prepaid transaction processing for on- and off-street parking and transportation services. Parkmobile will contribute its on-demand parking transaction engine that allows consumers to transact real-time payment for parking privileges in both on- and off-street environments. SP+ will contribute its proprietary Click and
    Read More

Highlighted Content