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

  • Uber wins right to challenge TfL’s English language requirement
    September 2, 2016
    Uber has won the right to challenge a Transport for London (TfL) rule which would require some of its drivers to pass an English language test. Announced by TfL last year and due to take effect from 1 October, the rule would mean that drivers who are not from English-speaking countries would have to take an English reading, writing and listening test, which TfL said was ‘in the interests of public safety’. Uber had previously supported the test, but now argues it is too rigorous and costly.
    Read More
  • Peer-to-peer car sharing expected to become the next big thing in the market
    October 22, 2013
    Frost & Sullivan’s recent customer research study on car sharing in select European cities reveals that the market is fast gaining ground. Residents in a number of cities in France, Germany as well as in the UK are currently multi-modal transport users. While only one out of four claim familiarity with the car sharing concept, once familiar, the interest levels in these services zip to 38 per cent.
    Read More
  • Jeddah juggles transport needs of residents, pilgrims and tourists
    December 22, 2015
    Mass pilgrimages, new tourists and a growing population lead Jeddah to seek some smart transport solutions as David Crawford finds out. Rationalising traffic movement and public transport in a major Middle Eastern business and tourist centre that is also a gateway for millions of religious pilgrims every year is the challenge for the 20-year Jeddah Strategic Plan and the Jeddah Public Transport Programme (JPTP) it spawned. The latter is costed at US$8bn.
    Read More
  • TransLink and INIT partnership for real time transit information in Vancouver
    May 17, 2012
    TransLink, the regional transportation authority in Metro Vancouver, Canada, has launched Version 1.0 of its RTTI (real time transit information) system, which includes the long-awaited predicted departure of buses from the stop. This product provides passengers with the exact time a bus will leave a given stop. The bus location information and predicted departure times at stops comes from the Transit Management and Communication System (TMAC) that INIT provided through Mobile-ITCS and is accessible to Tran
    Read More

Highlighted Content