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

Related Content

  • April 4, 2012
    Shipments of NFC-enabled handsets reached 30 million units in 2011
    According to a new research report by Berg Insight, global sales of handsets featuring near field communication (NFC) increased ten-fold in 2011 to 30 million units. Growing at a compound annual growth rate (CAGR) of 87.8 per cent, shipments are forecasted to reach 700 million units in 2016. The global rise in smartphone adoption is also driving higher attach rates for other wireless connectivity technologies in handsets including GPS, Bluetooth and WLAN. These connectivity technologies are already a standa
    Read More
  • August 26, 2016
    Installed base of fleet management systems in Europe to reach 10.6 million by 2020
    The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 5.3 million in Q4-2015, according to a new research report from the M2M/IoT analyst firm Berg Insight. Growing at a compound annual growth rate (CAGR) of 14.9 percent, this number is expected to reach 10.6 million by 2020. All the top-10 vendors have today more than 100,000 active units in Europe. TomTom’s subscriber base has grown both organically and by acquisitions during the past years and the company ha
    Read More
  • November 26, 2013
    Pan-European travel information is a reality – at a price
    Pan-European, multi-modal traffic and travel information is now available, for drivers willing to pay for it. Jon Masters reports. Those able to afford a new car with all the latest options including internet connectivity can now look forward to getting detailed up-to-the-minute traffic information. They can also access multi-modal travel data, such as train times, plus weather forecasts and parking availability. Take the connected car to any Western European country and the system still works with live
    Read More
  • July 6, 2012
    Scania’s intelligent cruise control system wins German environmental prize
    The German motorist organisation Automobil Kraftfaher-Schutz (KS) has awarded Scania its Energy and Environmental Prize for 2012 for its intelligent cruise control system, Scania Active Prediction. The system uses GPS in order to determine the vehicle's position and to predict the topography of the road ahead.
    Read More

Highlighted Content