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

  • ITS International 2013 Readership Survey
    March 13, 2013
    The ITS International 2013 Readership Survey is now out! You may have received an invitation earlier in the week to complete the 2013 Readership Survey. The Readership Survey was sent exclusively to our registered subscribers asking them to comment on all aspects of ITS International; print, eNewsletter and website. This is a great opportunity for you to give input directly to the editorial team and help shape the future of the magazine.
    Read More
  • ITS Australia awards shortlist announced
    November 5, 2015
    ITS Australia has announced the shortlisted ITS Australia National Awards finalists for 2015. Winners will be announced at the Awards Presentation Night Dinner, to be held at the iconic Sydney Opera House. Keynote speaker for the event, Mr Tim Reardon, Secretary Transport for the New South Wales Government will highlight the digital transport advancements in the state. A record number of nominations were submitted for the prestigious Awards Program, which is a major initiative of private, government
    Read More
  • Waymo scraps AV operations in Austin
    November 15, 2019
    Waymo is closing its operations in the US city of Austin following an increase in investment in the Detroit and Phoenix areas. A spokesperson told Austin Inno: “As a result, we’ve decided to relocate all Austin positions to Detroit and Phoenix. We are working closely with employees, offering them the opportunity to transfer, as well as with our staffing partners to ensure everyone receives transition pay and relocation assistance.” Last month Waymo sent an email to users, which appeared on Reddit, saying
    Read More
  • Webinar: BigDataEurope for Transport
    September 10, 2015
    The first BigDataEurope at 1000 CET on 21 September will look at the societal challenge of Smart, Green and Integrated Transport. The webinar sets out to introduce the BigDataEurope project in general as well as the various stakeholders and applications for Big Data in the Transport domain in particular, followed by a question and answer session. More information on the agenda and speakers will be available shortly. Register for the seminar here.
    Read More

Highlighted Content