Inrix completes acquisition of IT IS Holdings

Inrix announced today that it has completed the acquisition of ITIS Holdings, a UK-based traffic information company. The acquisition adds US$27 million in revenue and 155 employees to Inrix, and extends its reach to more than 200 leading customers in 30 countries around the world.
April 17, 2012 Read time: 1 min
RSS163 Inrix announced today that it has completed the acquisition of 745 ITIS Holdings, a UK-based traffic information company. The acquisition adds US$27 million in revenue and 155 employees to Inrix, and extends its reach to more than 200 leading customers in 30 countries around the world. The company says that with this acquisition, more than 150 million drivers will rely on its traffic information to help them save time, money and use less fuel every day.
Air Quality & Weather Systems

For more information on companies in this article

Related Content

  • California traffic deaths drop for fifth consecutive year
    April 20, 2012
    California saw a decline in overall traffic deaths for the fifth year in a row. According to federal government figures, total vehicle fatalities dropped 11.9 per cent, from 3,081 in 2009 to 2,715 in 2010. Since the latest high of 4,333 in 2005, the 2010 figures show a total decline of 37.3 per cent.
    Read More
  • Meeting the challenges of smartcard fare payment
    July 4, 2012
    David Crawford monitors a growing trend in contactless smartcard ticketing The north east United States has become a hive of activity in the smart fare payment arena. In October 2011, the New York Metropolitan Transportation Authority (MTA) published, as a preliminary to an imminent procurement process, the detailed concept of its New Fare Payment System (NFPS). Based on open payment industry standards, this is designed to be implemented on all MTA bus and subway services operated by New York City Transit (
    Read More
  • National funding cuts cause fragmentation of US ITS market
    February 1, 2012
    Paul Everett, Research Director with IMS Research, looks at how ITS deployment varies across the US and what this means in terms of market potential for systems manufacturers and suppliers At the end of 2010, the US will have a total resident population of close to 310 million, rising to an estimated 439 million by 2050.
    Read More
  • Driverless car completes 286km road trip in China report
    April 18, 2012
    The newspaper China Daily has reported that last month a driverless car, a Hongqi HQ3 with full intellectual property rights developed by the National University of Defense Technology, travelled on an expressway linking Changsha and Wuhan, the capitals of Hunan and Hubei provinces, under full computer and sensor control.
    Read More

Highlighted Content