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

  • Machine vision needs standards to fulfil ITS demands
    May 28, 2014
    No-one should expect the enabling qualities of machine vision to come free of charge but Jason Barnes finds there is still much that ITS stakeholders can do to help reduce costs. After many years of application in high-end solutions for the enforcement and tolling sectors, machine vision is gaining traction in more general areas of traffic management. Nevertheless, those OEMs producing transport-oriented solutions which incorporate machine vision and looking to increase the technology’s share of the ITS mar
    Read More
  • Automatic signal control to prevent emergency vehicle collisions?
    March 14, 2012
    Field trials under way in Arizona promise eradication of accidents between emergency vehicles at intersections – as part of a national focus on ‘intelligent signal’ infrastructure. Collisions between police cars, ambulances and fire crews as they reach intersections at the same time, with equal priority given by all signals set on red, are as serious as they sound absurd. For emergency teams and those in need of their help, the consequences are dire. The solution could come from application of connected veh
    Read More
  • NMIS continues global expansion strategy
    December 18, 2013
    UK company Newpark Mats and Integrated Services (NMIS), part of Houston-based Newpark Resources and a worldwide provider of ground protection solutions, is continuing its expansion strategy with the acquisition of today of its UK distributor, Oxfordshire-based Terrafirma Roadways (TFR). The gives the company a stronger foothold in the UK and Europe and will be supported by increased production capacity at the company’s Louisiana based manufacturing plant, where Newpark recently announced a US$41.1 millio
    Read More
  • Magnadata Group wins $37.35 million rail ticket contract
    February 1, 2012
    UK-headquartered Magnadata Group has been awarded a five-year, US$37.35 million contract by ATOC (Association of Train Operating Companies) to produce the iconic orange magnetic rail ticket and associated products for all the UK train operating companies.
    Read More

Highlighted Content