Skip to main content

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.

Related Content

  • April 18, 2012
    Commercial telematics consolidation
    The long awaited and much needed commercial telematics consolidation movement is finally coming to fruition, according to ABI Research. With Trimble’s acquisition of PeopleNet and Masternaut and Cybit combining forces, the extremely fragmented commercial telematics industry, which consists of hundreds of locally active players, is consolidating to become more globally-minded. These changes will allow the fleet management industry to grow towards yearly global revenues of US$6.43 billion by 2016.
  • August 24, 2016
    When weather warnings get hyperlocal
    David Crawford looks at new technologies to cope with the age-old problem of driving in bad weather. On the 10-year average, between 2005 and 2014 bad weather contributed to more than 1.5 million vehicle crashes in the US each year, resulting in more than 800,000 injuries and 7,400 deaths. These were the findings of analysis by Booz Allen Hamilton of NHTSA data which concluded that the loss of life, hospital treatment and damage to assets costs an annual average of $42bn.
  • July 10, 2014
    Keolis Amey Docklands to run Docklands Light Railway until 2021
    Transport for London (TfL) has named Keolis Amey Docklands as the new franchisee of the Docklands Light Railway (DLR) to operate and maintain the network until April 2021, with an option for this to be extended until 2023. Around 100 million passenger journeys are made on the DLR network annually and this new contract, with a value in excess of US$1.2 million, will commence on 7 December 2014 and will see Keolis Amey Docklands work with TfL to ensure that passengers continue to see improvements to thei
  • May 31, 2012
    West Coast Electric Highway now extends to Canadian border
    The border-to-border vision of the West Coast Electric Highway moved closer to becoming a reality this week with the opening of new EV charging sites, extending the highway to the Canadian border and opening it to electric vehicle (EV) drivers from both countries. The Washington State Department of Transportation (WSDoT), along with electric charging station partner AeroVironment opened ten new public charging stations—seven along Interstate 5 and three along US Route 2 in northern Washington – that provide