GMV acquisition of US-based Mobilitat Works boosts expansion potential

Spanish fleet management and passenger information systems supplier GMV has recently signed an agreement thorough its US intelligent transportation systems company Syncromatics to acquire 100 per cent of Mobilitat Works.
September 27, 2016 Read time: 1 min

Spanish fleet management and passenger information systems supplier 55 GMV has recently signed an agreement thorough its US intelligent transportation systems company Syncromatics to acquire 100 per cent of Mobilitat Works.

Founded in 1998, Mobilitat Works specialises in demand-response intelligent transportation systems for the US market, in particular special transport services for people with a disability or functional diversity, known as paratransit.

GMV has been pursuing an international growth and expansion strategy for several years, with the US always a top priority. It believes that TMV and Mobilitat Works technologies complement each other and their combined resources will to accelerate Mobilitat’s already sharp growth over recent years in the US.

Related Content

  • December 5, 2017
    Hamburg’s on-demand alternative to commuting by car
    As Hamburg is confirmed as the host for the 2021 ITS World Congress, David Crawford looks at the city’s moves towards enabling MaaS-type operations. Germany’s second-largest city, Hamburg, is pinning its civic reputation on having its promised all-electric, on-demand, shuttle bus ridesharing service up and running by 2018. Partners in the three-year project are regional metro and bus service provider Hamburger Hochbahn and Volkswagen Group’s Berlinbased mobility innovation subsidiary Moia, which was set
    Read More
  • April 17, 2012
    ITS industry in the US has grown to $48 billion and will expand
    ITS America has released what it says is the most comprehensive study to date on the scope of the ITS industry in the United States and North America. Researchers found intelligent transportation to be a fast growing sector valued at approximately US$48 billion. Results indicate that cities and states with drastically reduced budgets are turning to technology solutions to maximize existing highway capacity.
    Read More
  • February 1, 2012
    Include ITS in policy decisions from the start, not as an afterthought
    DG TREN's Fotis Karamitsos, on why the European Commission's new ITS Action Plan is looking to the past for future direction. The European Commission's (EC's) new Action Plan for the Deployment of Intelligent Transport Systems in Europe, which was announced as 2008 drew to a close, intends that transport and travel become 'cleaner; more efficient, including energy efficient; and safer and more secure'. At first sight, that wording might be interpreted as marking a significant policy shift within Europe, wit
    Read More
  • November 4, 2024
    Almaviva completes $335m acquisition of Iteris
    Italian group wants to expand its footprint in US
    Read More

Highlighted Content