Skip to main content

Bentley buys up Citilabs and Orbit

Infrastructure software specialist Bentley Systems is continuing to expand its portfolio with its just-announced acquisition of Citilabs and Orbit Geospatial Technologies. Citilabs provides the global mobility solution CUBE and analytics package Streetlytics, while Orbit offers the Orbit GT software. Bentley CEO Greg Bentley did not reveal the size of the deal. The move will allow Streetlytics traffic data to become available through Bentley’s cloud services, to improve the quality of digital twin mod
October 24, 2019 Read time: 2 mins

Direct from ITS World Congress 2019

Infrastructure software specialist 23 Bentley Systems is continuing to expand its portfolio with its just-announced acquisition of %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external Citilabs false https://www.citilabs.com/ false false%> and Orbit Geospatial Technologies.

Citilabs provides the global mobility solution CUBE and analytics package Streetlytics, while Orbit offers the Orbit GT software. Bentley CEO Greg Bentley did not reveal the size of the deal.

The move will allow Streetlytics traffic data to become available through Bentley’s cloud services, to improve the quality of digital twin models that bridge the physical and virtual world.

According to Robert Mankowski, Bentley’s vice president, digital cities, mobility is a priority opportunity for digital twins, because too often existing planning and simulation efforts are disconnected from the infrastructure’s engineering reality.

‘With these acquisitions we can now bring together traffic simulations with automated mobile mapping workflows for reality modelling of roadways,” he says.

Citilab’s CUBE simulation software is a predictive transportation technology that allows engineers and planners to design and optimise safe, efficient and sustainable mobility systems. Streetlytics provides mobility data and analytics for planners, engineers and infrastructure asset managers, allowing them to make informed decisions on transportation requirements.

Citilabs CEO Michael Clarke says the company’s mission has been to enable its customers to leverage location-based data, behavioural models, and machine learning through its products to understand and forecast movement in cities, regions and nations.

For more information on companies in this article

Related Content

  • RTD joins forces with Uber for trip planning in Denver
    February 6, 2019
    The Regional Transportation District (RTD) in Denver, Colorado, has entered into an agreement which will allow its riders to view transit routes within Uber’s app. RTD says the collaboration will allow commuters to plan their travel with additional first/last mile options. Riders can select the app’s ‘Transit’ option to see available routes, real-time schedules and walking directions to and from stations. Looking ahead, the partnership intends to allow riders to purchase RTD tickets via the app,
  • ComfortDelGro to deploy MaaS Global app in Singapore
    October 10, 2018
    Transport company ComfortDelGro is trialling MaaS Global’s Whim app in Singapore. The Finnish mobility company secured a €9m funding round for the app in August to support its ambition in revolutionising the way people move. ComfortDelGro says the Mobility as a Service (MaaS) app’s users will be able to access its fleet of taxis as well as transition from a train or a bus or choose to finish the trip on a bicycle. Kaj Pyyhtiä, MaaS Global co-founder, says the company will use the initiative to enter
  • Uber IPO ‘could be valued at $120 billion’
    October 17, 2018
    Uber could be valued as high as $120 billion if the ride-hailing company goes public, as expected, in 2019 – despite being permanently in the red. Major US banks Goldman Sachs and Morgan Stanley have made valuation proposals to Uber, according to a report in the Wall Street Journal this week. This means the initial public offering (IPO) could be one of the largest in history – and Uber has yet to record a full-year profit. If the figure is correct, it would mean that Uber is worth more than three of the
  • Innovative Technology showcases Smart Payout recycler
    March 20, 2018
    Innovative Technology is showcasing the Smart Payout, with the claim it provides superior note recycling and unrivalled mixed denomination bank note recycling. A 70-note ‘true’ mixed denomination recycler, the Smart Payout can store all denominations from a given currency, eliminating coin starvation and reducing the coin float level required to keep machines operational. Auto-centering technology straightens notes before reading to maximise cash efficiency. Innovative Technology says that by utilising note