Parkmobile signs deal to buy ParkNow from BMW

While parking may not be the most fashionable of topics, the BMW i8 on Parkmobile’s stand is perhaps the most photographed item in the exhibition. That’s not to say the mobile, on-demand parking company doesn’t have a good story to tell because it has just signed a deal to buy ParkNow from BMW. “ParkNow is a pre-pay and reservation service and the combination of the two will mean we can offer reservation, pre-pay and on-demand payment for both on- and off-street parking,” said executive vice president of
September 10, 2014 Read time: 2 mins
From left to right: Laurens Eckelboom, Peter O’Driscoll, Tina Dyer and Brent Paxton of Parkmobile

While parking may not be the most fashionable of topics, the 1731 BMW i8 on 2133 Parkmobile’s stand is perhaps the most photographed item in the exhibition. That’s not to say the mobile, on-demand parking company doesn’t have a good story to tell because it has just signed a deal to buy ParkNow from BMW.

“ParkNow is a pre-pay and reservation service and the combination of the two will mean we can offer reservation, pre-pay and on-demand payment for both on- and off-street parking,” said executive vice president of business development, Laurens Eckelboom.

278 Ford and 609 Volvo have already signed up to use Parkmobile’s system, BMW has come on board with this latest deal and Eckelboom said he is set to announce partnerships with three more vehicle manufacturers in the near future.

While currently concentrating on the US market, Eckelboom said vehicle manufacturers have a global strategy and he aims to move his company in the same direction.

www.Parkmobile.com

For more information on companies in this article

Related Content

  • Inrix expands into smart parking with acquisition of ParkMe
    September 10, 2015
    Inrix is accelerating its development of smart parking services with the acquisition of ParkMe, a Santa Monica, California company that helps drives find parking, make reservations and mobile payments worldwide. According to Inrix, the acquisition expands its data aggregation and industry expertise, enabling it to more rapidly deliver a comprehensive set of parking services, including locating, comparing, reserving and paying for parking from a smartphone or vehicle. The acquisition also expands the par
    Read More
  • Russia invests in ITS technology
    May 11, 2012
    Russia’s transport systems are developing on a grand scale with ITS central to the plans, thanks in no small part to a recently relaunched ITS Russia. Jon Masters interviews the organisation’s chief executive officer Vladimir Kryuchkov Over coming years many of the biggest deployments of new technology for transport are likely to be seen in Russia. For a political and economic superpower, the world’s biggest country has only recently started to harness ITS for the good of its transport networks. But the sca
    Read More
  • Real time transportation management on show at ITS World Congress
    October 19, 2012
    Selex Elsag, a Finmeccanica company, will use the ITS World Congress to highlight its Mobility Management System that allows real-time central management of a transportation network. It collects data from different remote sensors and processes them through the application of algorithms, to predict, control and optimise traffic conditions of people and goods. By integrating a variety of data, applications and communications layers to foster the creation of a valuable set of information, the system can suppor
    Read More
  • Control rooms adapt to tech changes
    July 8, 2019
    From IP-based systems to an increasing array of choice, traffic and transit management has changed a lot in the last few years. Adam Hill talks to some of the leading players in the control room business
    Read More

Highlighted Content