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

  • Parking - does it cause or cure congestion?
    January 25, 2012
    Does parking cause congestion, or can it help alleviate the problem? By John Van Horn
    Read More
  • IRD wins WIM contract in California
    March 28, 2012
    International Road Dynamics. (IRD) has been awarded a US$1.345 million contract to provide a high speed weigh-in-motion (WIM) and verification system for a new commercial vehicle enforcement facility (CVEF) in Solano County, California. This system will be used by local enforcement personnel for selecting and directing commercial vehicles into the CVEF and by Caltrans for traffic planning purposes.
    Read More
  • Confusing funding and financing can be costly
    September 23, 2014
    Tolling may be the way forward for paying for the roads of the future - but where will concessionaires find the money and do they need funding or financing? Increasingly, governments around the world are concluding that they can no longer pay for new roads and are turning to the private sector for help.
    Read More
  • $25 Billion in US budget savings from switching federal freight shipments to carriers using alternative fuels
    August 3, 2012
    A new report from a Washington, DC, energy policy group urges the federal government to begin allocating its US$150 billion budget for transport services to carriers that fuel their fleets on domestically produced natural gas, electricity, biofuels and other alternatives to diesel and gasoline.
    Read More

Highlighted Content