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

  • Europe to lead insurance telematics market
    June 14, 2012
    The number of insurance telematics users in Europe will grow from 1.5 million in 2010 to 44 million in 2017, initially driven by the UK and Italy, according to ABI Research. Despite aggressive efforts from Progressive, North America will continue to lag behind the European UBI market, it says. Vice president and practice director Dominique Bonte comments, “While insurance telematics or usage based insurance (UBI) is far from a recent phenomenon, renewed interest in this market has been observed from both es
    Read More
  • Key to EV roll-out is understanding drivers
    October 22, 2021
    Understanding EV technology and driver behaviour will be key to building out the world’s charging infrastructure. Andrew Stone finds out why from Bret Scott at Wejo
    Read More
  • TomTom Maps to power MapQuest’s mobile application
    July 16, 2012
    TomTom has announced a partnership with MapQuest, wholly owned by AOL, to power the company’s mobile app with TomTom maps. Available for Android and iOS, MapQuest’s free apps provide access to a wireless version of the well-known MapQuest website.
    Read More
  • Fleet tracking company to provide posted speed limit data
    April 20, 2012
    GPS Insight, a provider of GPS fleet tracking solutions for commercial and municipal fleets, has announced a joint-marketing agreement with SpeedGauge, in which select SpeedGauge services, such as speeding event analysis, will be made available to GPS Insight customers. GPS Insight has also licensed certain SpeedGauge patent rights and will make this functionality available to customers in the near future.
    Read More

Highlighted Content