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

  • The path to safer roads: America can learn from Europe’s example, says Verra Mobility
    May 1, 2024
    Many US states are establishing road safety programmes that will inspire others. TJ Tiedje, vice president commercial at Verra Mobility, explains why this is important
    Read More
  • Drivers waste billions searching for parking
    July 13, 2017
    Drivers in the UK, US and Germany spend billions searching and paying for parking spaces and paying for more time than they need to avoid a penalty charge, according to a new study by Inrix.
    Read More
  • Cellcontrol targets international demand for distracted driving technology
    May 17, 2012
    Cellcontrol, a specialist in technology to stop distracted driving, is actively addressing the growing domestic and international demand for reliable distracted driving technology by pursuing and receiving regulatory approval to market its solution in Europe and other geographies. After extended testing by independent organizations, Cellcontrol received the Vehicle Certification Agency (VCA) E11 Certification last week. This VCA certification is required for EU market participation and validates that Cellco
    Read More
  • Traffic congestion rise in Europe a ‘sign of economic recovery’
    March 4, 2014
    A new report from leading traffic information and driver services provider Inrix shows traffic congestion in Europe rose in 2013 for the first time in two years. According to the 2013 annual Inrix Traffic Scorecard, traffic congestion across Europe increased approximately six per cent in the last three quarters of the year. The amount of time British drivers spent in traffic throughout the year has risen slightly, from 29 hours in 2012 to 30 hours in 2013. This puts the UK in sixth place in Europe, behi
    Read More

Highlighted Content