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

  • January 24, 2014
    Kuwait opts for Jenoptik enforcement
    Jenoptik’s Traffic Solutions division and its long-term local partner, First Joint Group, are to supply the Kuwait Ministry of Interior with fixed and mobile radar-based speed and red light enforcement systems to upgrade all traffic enforcement equipment in the country. The systems are equipped with the latest digital camera and tracking radar technology Delivery of the order, valued at more than US$2.7 million, is scheduled to begin in the first quarter of 2014. Jenoptik traffic safety technology ha
  • 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
  • August 19, 2015
    European associations and congress news
    A preliminary speaker line-up and a number of live demonstrations have been announced for the 2015 ITS World Congress. The demonstrations will include Automatic Braking, a plug in ‘connected vehicle’ Cooperative Adaptive Cruise Control at Intersections, Remote Parking and Driver Monitoring System for Automated Driving and Bicycle Tracking. As part of the Automatic Emergency Braking demonstration the driver’s performance will be analysed, along with the behaviour of the other road users. Drivers will receiv
  • May 4, 2012
    Renault-Nissan Alliance in Russian JV
    The Renault-Nissan Alliance and state corporation Russian Technologies have agreed to create a joint venture and give the Alliance an indirect majority stake in Avtovaz, Russia's largest car company and maker of the iconic Lada brand. The Renault-Nissan Alliance, Avtovaz, Russian Technologies and Troika Dialog signed the non-binding agreement yesterday in Paris. According to the memorandum, the Renault-Nissan Alliance and Russian Technologies will contribute their respective stakes in Avtovaz to a joint ven