Iteris to acquire traffic engineering company in Florida

Iteris is to acquire Albeck Gerken, a traffic operations engineering company in Florida, for a total of $10.7 million. Iteris will use Albeck’s traffic management facility to develop its Intersection as a Service offering, which helps users monitor signalised operations to improve safety. Aleck’s facility includes a traffic management centre, traffic operations lab and training centre, from its headquarters in Tampa, Florida. Aside from Tampa, Albeck has a second office in Orlando as well as other offic
June 24, 2019 Read time: 1 min

73 Iteris is to acquire Albeck Gerken, a traffic operations engineering company in Florida, for a total of $10.7 million.

Iteris will use Albeck’s traffic management facility to develop its Intersection as a Service offering, which helps users monitor signalised operations to improve safety.

Aleck’s facility includes a traffic management centre, traffic operations lab and training centre, from its headquarters in Tampa, Florida.

Aside from Tampa, Albeck has a second office in Orlando as well as other offices in (Virginia) and Chadds 278 Ford (Pennsylvania).

The proposed acquisition is expected to close on 2 July.

Urban Traffic Control

For more information on companies in this article

Related Content

  • Picking it up as we go: how transportation agencies can learn from university research
    May 17, 2024
    JTA Research Lab has been created to identify critical transportation policy questions, and get academics to help solve them. Pencils sharpened? Nathaniel P. Ford explains…
    Read More
  • New approach to real time travel information - free of charge
    February 3, 2012
    Austria's national road operator, ASFINAG, has launched the TMCplus traveller information service which is unusual in that it offers encrypted-level services to all users free of charge. Martin Müllner writes
    Read More
  • Travel times halve for tolling converts
    August 5, 2013
    The Port Mann Bridge in Vancouver is a prime example of how the latest ITS systems enable new infrastructures to be built and paid for while still providing additional user benefits. Vancouver has 2.2 million inhabitants and, like so many major cities, is divided into two by a river, the Frazer river. This combination makes Vancouver the second most congested city in North America and the most congested in Canada. Through the middle of the city runs the Trans-Canadian Highway 1 which crosses the Frazer Riv
    Read More
  • Alstom to acquire Nomad Digital
    January 3, 2017
    In line with its strategy to offer tailor-made solutions to its customers, Alstom is to acquire UK-based Nomad Digital, which supplies passenger and fleet connectivity solutions to the railway industry. Nomad Digital’s solutions include passenger wi-fi, passenger information systems and on-board passenger portals, entertainment and media platforms. in addition, Nomad Digital also provides tele-maintenance solutions, including remote online condition monitoring, reliability centred maintenance, driver ass
    Read More

Highlighted Content