PTV extends cooperation with Gevas

German software provider PTV has taken a minority stake in Gevas software, a leading traffic engineering firm, further strengthening the companies' close ties. PTV has also acquired product rights for important ITS software components, while Gevas will be able to sharpen its profile as project and integration solutions partner.
March 22, 2012 Read time: 2 mins
German software provider 3264 PTV has taken a minority stake in 5845 Gevas Software, a leading traffic engineering firm, further strengthening the companies' close ties. PTV has also acquired product rights for important ITS software components, while Gevas will be able to sharpen its profile as project and integration solutions partner.

PTV says it will strengthen its position as a smart software company through this new cooperation. "Gevas software components complement and support our product portfolio," explains PTV Board member Dr.-Ing. Thomas Schwerdtfeger. "Our aim is to develop and further enhance open systems and standards so that they can be used for any system integrator."

Gevas founder and managing director Herwig Wulffius, Dr.-Ing. Gerhard Ploss (PTV) and Dr.-Ing. Frank Offermann (Gevas) have been appointed managing directors of Gevas software GmbH.

Both PTV and Gevas have extensive expertise in the ITS market and have worked on several common projects, such as dMotion in Düsseldorf, Germany, Vienna Region in Austria and traffic management for the city of Edmonton in Canada. The new cooperation is basically the continuation of the ITS Seamless Initiative (%$Linker: External 0 0 0 oLinkExternal www.its-seamless.com ITS Seamless false http://www.its-seamless.com/ false false%>) which was founded by both companies in 2010.
Urban Traffic Control

For more information on companies in this article

Related Content

  • Asecap: Road safety is a shared responsibility
    March 23, 2018
    Road safety is a shared responsibility of roads, vehicles and users, according to a key message delivered at Asecap’s Annual Safety Conference, in Brussels. The event provided an opportunity for road stakeholders to discuss the main safety priorities of the new mobility package to be presented by the European Commission (EC) next May. Additionally, the conference found that modern toll roads are the safest roads in Europe. The European Parliament and the EC blessed the memorandum of understanding
    Read More
  • Vision Components’ ANPR library identifies damaged plates
    October 29, 2014
    Vision Components’ Carrida software engine is a powerful OEM Library, which is easy to integrate into existing security and surveillance applications, including access control, toll control and traffic analysis. The high-performance, hardware-independent software tool assures reliable high speed recognition of vehicle number plates. With a typical processing time of 30ms and a recognition accuracy of more than 96%, the ALPR/ ANPR library precisely and reliably identifies number plates, even if dirty, dam
    Read More
  • Ertico launches ITS standardisation newsletter
    July 2, 2013
    To ensure that ITS stakeholders and end users maintain an awareness of the European and international ITS standardisation that plays a key role developing specifications and norms for future services and products, Ertico-ITS Europe has launched its ITS standardisation newsletter which provides news, background information and discussions about ITS standardisation topics. Published every 3 months, it includes stakeholder interviews to provide first-hand information and an event listing.
    Read More
  • Volocopter and Fraport to develop ground infrastructure for air taxis
    February 15, 2019
    Volocopter has joined forces with Fraport to develop concepts for the ground infrastructure required to allow air taxis at Frankfurt Airport in Germany. Volocopter says its partnership with German airport manager Fraport will focus on integrating what it calls ‘Volocopter Ports’ into existing infrastructure. The company believes that these could be used in the future to serve as a link between existing urban transportation junctions and provide connections to and from the airport. The Volocopter
    Read More

Highlighted Content