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.

For more information on companies in this article

GMV

Related Content

  • New technology revolution in urban traffic control?
    January 26, 2012
    Urban traffic control is a well-defined and practised art. Nevertheless, there are technologies here and on the horizon with the potential to revolutionise how we do things. By Gavin Jackman and Andrew Kirkham, TRL, and Jason Barnes. Distributed monitoring and control of urban traffic networks and flows is nothing new. PC-based Urban Traffic Control (UTC) is now well established and operating in many locations around the world. However, it is worth considering the effects of the huge growth in the use of sm
    Read More
  • Axis acquires Citilog, adds surveillance and traffic analytics to produce range
    February 2, 2016
    Swedish network video supplier Axis Communications has acquired intelligent real-time video monitoring company Citilog, adding advanced surveillance technology to Axis’ product offering and expanding its opportunities in the fast-growing traffic analytics market. The two companies have worked together for several years to provide integrated solutions for mutual customers. Based in Paris, Citilog’s advanced video analytics and surveillance products are used to identify traffic incidents and deviations in
    Read More
  • Transit takes on demanding role
    April 2, 2021
    Community transport - or paratransit - has historically formed the basis of demand-responsive operations. But with new routing technologies, David Crawford sees wider potential
    Read More
  • European ITS Congress emphasises ITS development and deployment
    January 26, 2012
    The 8th European ITS Congress is a key event for the industry. Hermann Meyer, CEO of Ertico-ITS Europe puts the event in context
    Read More

Highlighted Content