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

  • Kapsch says US purchase will have world-wide impact
    June 3, 2014
    Peter Ummenhofer, head of the ITS Business Unit at Kapsch TrafficCom, discusses what the recent acquisition of US ATMS specialist Transdyn will mean for the company and the ITS sector. Even a brief perusal of Kapsch’s portfolio lends credence to the company’s assertion that it is more than ‘just a tolling systems and services supplier’. Over the past few years, the company has added road safety enforcement to its offering with significant commercial vehicle operations capabilities, including weigh in motion
    Read More
  • Advances in real time traffic and travel information
    March 16, 2012
    David Crawford admires TomTom’s flying start to 2012. Gobal location and navigation equipment supplier TomTom rang in 2012 with two strategically important announcements. First was the signing of a deal with Korean electronics giant Samsung, representing an important consolidation of its position in the consumer market. Under this agreement, TomTom maps and location content will power the Samsung Wave3 smartphone, launched in autumn 2011. TomTom data will support navigation and search-and-find applications
    Read More
  • Econolite Centracs travel time module deployed in Florida
    August 24, 2012
    Econolite has announced that Lee County, Florida, has harnessed the travel time module of its Centracs advanced transportation management system (ATMS) for the deployment of its BlueToad (Bluetooth Travel-time Origination and Destination) system to actively monitor travel times and road speeds. The ATMS was installed in 2011, as part of Lee County’s signal re-timing project for which the county’s DoT received an ‘A’ grade in the 2012 National Transportation Operations Coalition (NTOC) National Traffic Signa
    Read More
  • Keeping people on track is RATP’s raison d’etre
    June 14, 2018
    In Paris, RATP Group’s autonomous Metro Line 1 is carrying 750,000 people a day across the city. Ben Spencer is invited into the control room to take a look at how the system works Paris is visited by millions of tourists each year, keen to see for themselves stunning attractions such as the Eiffel Tower, Arc de Triomphe, Notre-Dame, the Louvre, the Seine and all the rest. But while the best-known sites of the City of Light tend to be on the surface, there is a lot going on below those iconic grand boule
    Read More

Highlighted Content