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

  • Speed indicator devices improve safety at landfill site
    May 14, 2012
    UK company Traffic Technology Limited has announced significant speed reductions at the Lochhead Landfill site, in Scotland, following the deployment of four SIDs (Speed Indicator Devices) as part of on-going health and safety improvements. The devices are installed at the site entrance and at three other points on the main waste vehicle access route to detect and inform drivers of their speed. Since being installed, the units have been instrumental in greatly reducing speeding on the site. According to Pe
    Read More
  • Singapore to use travel plan programmes to ease peak-hour congestion
    April 4, 2012
    Singapore’s Land Transport Authority (LTA) has announced that it intends to look into how to encourage commuters to use public transport more frequently, lessen car travel and change their journeys to off-peak periods. A consultant is being sought by the LTA to evaluate if the various workplace-based travel plan programmes are feasible and effective in switching the travel patterns of commuters.
    Read More
  • UK government backtracking on biennial vehicle tests plan
    April 18, 2012
    The current UK government, which pledged to cut bureaucracy, had set its sights on the annual MOT vehicle inspections. “Cars are more reliable and the annual test has not changed in 50 years,” transport secretary Philip Hammond announced. The plan was for vehicle testing every two years instead of annually.
    Read More
  • Speed cameras make safety savings?
    April 18, 2012
    The use of speed cameras in urban areas is said to make major savings overall, according to a new study. A two year cost-benefit analysis published online in Injury Prevention shows that the deployment of speed cameras in urban areas saves vast amounts of money as well as lives.
    Read More

Highlighted Content