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

  • Tolling industry celebrates the 20th anniversary of e-ZPass
    August 2, 2013
    In 1993, toll facilities in New York, New Jersey and Pennsylvania helped usher in regional toll interoperability in North America. Twenty years later, on 3 August, International Bridge, Tunnel and Turnpike Association’s (IBTTA), together with the rest of the tolling industry, will celebrate the 20th anniversary of the E-ZPass Interagency Group (IAG). Talking about the creation E-ZPass twenty years ago, IBTTA executive director and CEO, Patrick D Jones said: “One of the most transformative events in the his
    Read More
  • New traffic safety guidelines for bus corridors worldwide
    June 1, 2012
    Embarq, the World Resources Institute’s centre for sustainable transport, has released the draft “Traffic Safety on Bus Corridors” guidelines to improve traffic safety worldwide. Based on more than two years of research, the guidelines are part of the Road Safety in 10 Countries (RS10) project, funded by Bloomberg Philanthropies.
    Read More
  • Transition to all electronic tolling leads to cost savings
    February 2, 2012
    How a temporary congestion-relief solution resulted in the North Texas Tollway Authority's transition to all-electronic toll collection and potential savings of up to $472 million by 2045. By Carla Kienast, ETC Corporation
    Read More
  • Image Sensing Systems reveals significant new business agreements
    May 3, 2012
    In announcing its first quarter results yesterday, Image Sensing Systems (ISS) also revealed that it had won significant new sales or distribution agreements. For instance, the company has won an order in excess of US$2.0 million in Eastern Europe for its Autoscope product for an urban traffic control (UTC) system. The order is expected to be substantially delivered in Q2 and Q3. The company also revealed an original equipment manufacturer (OEM) agreement with Siemens A.G. that allows Siemens to offer Autos
    Read More

Highlighted Content