Porsche SE completes acquisition of PTV

The sale of nearly 100 percent of PTV Planung Transport Verkehr (PTV), Karlsruhe, to Porsche Automobil Holding (Porsche SE), Stuttgart, announced in June, has now been completed. PTV provides software for traffic planning and management and transport logistics.
September 15, 2017 Read time: 1 min

The sale of nearly 100 percent of PTV Planung Transport Verkehr (PTV), Karlsruhe, to Porsche Automobil Holding (Porsche SE), Stuttgart, announced in June, has now been completed.  PTV provides software for traffic planning and management and transport logistics.

Porsche SE intends to continue to operate the business as an independent company. PTV Group's current financial year (31 March) will be changed to accord with the calendar year.

Vincent Kobesen, CEO of PTV, is pleased to confirm the closing of PTV AG's acquisition by Porsche SE. "We have thus clearly organized the ownership structure with a view towards the future. This allows us to further expand our market position as the leading provider of software solutions for planning and optimization of traffic and transport logistics throughout the world."

GIS/ Mapping & Location Based Systems

Related Content

  • Federal Signal supplies all the elements of end to end tolling
    January 31, 2012
    Manfred Rietsch, group president of Federal Signal Technologies (FST), talks about the recent acquisitions forming FST and the organisation's plans for the future. "Our philosophy is going to be about open access" Federal Signal has been on a buying spree. An energetic policy of acquisition over the past few months has seen the company reposition itself as an end-to-end provider of Electronic Toll Collection (ETC) systems with what it states is a portfolio of proven, best-in-class technologies which will al
    Read More
  • Mobility itself is moving says cubic
    June 9, 2015
    Cubic’s Chris Bax looks at the challenges and benefits of implementing transport as a service. Imagine paying for travel in exactly the same way you buy your phone service. For example, you would pay a set amount in exchange for a monthly travel package covering up to 100km of free taxi journeys in your home city (including a guaranteed 15 minute pickup) and public transport usage within a 1,500km radius of your home. Not only would this option be cheaper than owning and maintaining your own car, you would
    Read More
  • PTV wins first ITS contract in Russia
    April 25, 2012
    Russian company Tolltec is currently implementing ITS technology to optimise the high traffic volumes on the 115km-long St. Petersburg's ring motorway that stretches around the whole city. As part of this project, PTV software, including the company's TrafficCountManagement and VISSIM, is part of the ITS technology used for St. Petersburg's ring road.
    Read More
  • TagMaster acquires CA Traffic
    April 28, 2017
    TagMaster, Swedish supplier of advanced RFID products and ANPR cameras for vehicle identification within traffic and rail solutions, has acquired CA Traffic from Hill & Smith Holdings for a total cash consideration of US$4 million (£3 million). Established in 1994, CA Traffic offers an array of sensor products, ITS software systems and high specification ANPR cameras in the UK. It has provided traffic monitoring devices to UK local authorities for 25 years and supplied intelligent ANPR camera systems to UK
    Read More

Highlighted Content