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

  • Kistler looks for speed camera synergies
    March 21, 2018
    Weigh-in-Motion (WIM) specialist Kistler says its move into speed camera enforcement will help complement its core activities. The firm acquired German company eso, which manufactures portable speed measurement devices, last year, and Tomas Pospisek, Kistler’s global market development manager for road & traffic, says: “We’re hoping this will bring us synergies. We’re monitoring the weight and they’re monitoring the speed. It’s an important step, for sure.” When it comes to WIM, Kistler still maintains ther
    Read More
  • MaaS Markets conference leads delegates from concept to delivery
    December 5, 2016
    MaaS Market is ITS International’s first conference and will provide delegates with the information they need to move from concept to delivery.
    Read More
  • Volkswagen tests Level 4 AVs in Hamburg
    April 17, 2019
    Volkswagen Research is testing autonomous vehicles (AVs) at SAE Level 4 in real driving conditions in the German city of Hamburg. The announcement comes as the fall-out from VW’s ‘Dieselgate’ nightmare – when the company was found to have programmed turbocharged direct injection diesel engines to activate their emissions controls for laboratory tests - putters on. This week the company’s former chief executive Martin Winterkorn was charged with fraud for his involvement. But VW has admitted that the scan
    Read More
  • DERMALOG focuses on bio-improvements
    November 20, 2013
    DERMALOG’s LF10 Fingerprint Scanner for rolled fingerprints now features a software module which enables the scanner to record signatures as well as fingerprints. These are recorded on the same scanning window – other than a pen, no additional hardware is required. Optimum use of the LF10 is guaranteed by an integrated switching function so that both applications can be used in quick succession.
    Read More

Highlighted Content