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

Related Content

  • May 16, 2012
    Xerox makes transportation simple
    To many, Xerox is nothing more than the ‘copy company’. For those who know better, they are now the largest provider of transportation services to governments around the world. Xerox is appearing in all sorts of unexpected places after their acquisition of Affiliated Computer Services (ACS) in 2010 and dropping the ACS name earlier this year. To help establish the company as a key player in the intelligent transportation world, Xerox chairman and CEO Ursula Burns will be the featured speaker at the 2012 ITS
    Read More
  • July 23, 2012
    Renault-Nissan Alliance invests $160 million in Korea
    Renault-Nissan Alliance will invest US$160 million in Korea to meet anticipated demand for the next-generation Nissan Rogue and to accelerate growth of Renault Samsung Motors. Production of Nissan Rogue crossover in Busan, Korea, will begin in 2014, with an annual capacity of about 80,000 units. This year the plant aims to build about 180,000 vehicles for sale in Korea and 60 other countries.
    Read More
  • May 27, 2014
    Connecticut Transit uses web feedback to improve user experience
    Connecticut champions open government and open data to help fostertransparency, accountability and citizen engagement – and that includes transportation matters as Andrew Bardin Williams discovers. The last thing anyone wanted was to inconvenience or displace others - least of all people who lived and worked in the neighbourhood. Yet, workers in an office building in downtown New Haven, Conn., were tired of shuffling through hoards of people who kept sitting on the stoop to the building while waiting for th
    Read More
  • November 26, 2013
    New markets for travel information apps
    Purpose-designed travel information apps are emerging to support the real estate market in the US – and potentially more widely – in a major diversification away from the conventional automotive and navigation device sectors. In July 2013, Washington State-based Imprev, which develops web-based marketing support aids for realtors, announced its App Generator. Claimed as an industry first, this enables property businesses to create their own branded mobile apps to give away as marketing tools to potential
    Read More

Highlighted Content