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

  • Healthy prospects for floating vehicle data systems
    February 3, 2012
    Elmar Brockfeld, Alexander Sohr and Peter Wagner from the German Aerospace Center's Institute of Transport Systems look at the prospects for floating vehicle data systems. Although Floating Vehicle Data (FVD) or probe vehicle fleets have been around for about a decade, the idea behind them is of course much older: from probe vehicles that flow with the traffic it should be possible to get a precise, fast and spatially near-complete picture of the prevailing traffic flow conditions in an area under surveilla
    Read More
  • Inrix real time traffic and travel information for UK roads
    October 24, 2012
    Inrix used the 19th ITS World Congress to announce that it has been awarded a multi-million dollar contract by Network Information Services (NIS) in the UK to provide real-time traffic speed and travel time information for the Highways Agency’s National Traffic Information Service (NTIS).
    Read More
  • US eyes European model for Illinois toll road upgrade
    May 30, 2014
    David Crawford welcomes the adoption of European-style ITS technology by the US. The Jane Addams Memorial Tollway in Illinois, US is well on the way towards becoming a ‘smart traffic corridor’, taking full advantage of active traffic management (ATM or ‘managed lanes’) technology that originated in Europe. It is one of the first American toll roads to do so; preliminary work began in 2014 and will continue through to 2016. Jane Addams is one of four toll roads operated by the publicly-owned Illinois State T
    Read More
  • Verra completes Redflex buy
    June 18, 2021
    Verra Mobility says acquisition of Redflex Holdings will position it for ITS growth
    Read More

Highlighted Content