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

  • MILIPOL and CARTES: together in 2015
    November 5, 2014
    CARTES Secure Connexions and MILIPOL PARIS, the world’s leading exhibition for technologies and solutions for internal state security, are to be held at the same time and place next year.
    Read More
  • Workshop on implications of self driving cars for auto industry
    February 6, 2017
    Autelligence’s new workshop Self-driving cars - Strategic implications for the auto industry and beyond, is a forum for executives on the likely consequences of self-driving cars on the auto manufacturing industry. It offers a framework to work out the strategic implications for OEMs and suppliers through a deeper understanding of the competing business models and an assessment of the current technologies and the strategies of leading companies. The workshops will be held on 23 March at the Frankfurt
    Read More
  • MaaS Market London: Ertico’s Jacob Bangsgaard joins speaker line-up
    December 20, 2018
    More leading ITS innovators have been confirmed as speakers at ITS International’s fourth MaaS Market conference in London, UK, on March 20-21, 2019. Among them is Jacob Bangsgaard, CEO of European association Ertico and president of the MaaS Alliance, the public-private partnership working to create the foundations for a common European approach to Mobility as a Service (MaaS). From the UK, Paul Campion, CEO of Transport Systems Catapult and Chris Lane, head of smart travel from Transport for West Midlan
    Read More
  • CreditCall unveils new EMV and mPOS solutions at CARTES 2013
    November 19, 2013
    In the US from October 2015, any merchant who has not completed migration to EMV-certified chipcard payment will have to carry the cost of any fraudulent transaction that it attempts to process. At CARTES 2013, and in order to help merchants de-risk and meet what is generally held to be an aggressive in-service deadline for change at a national level, multi-channel payment gateway specialist CreditCall is launching ChipDNA. This is a unique bundle, available to acquirers, processors and VARs, which d
    Read More

Highlighted Content