Iteris to acquire Berkeley Transportation Systems

Iteris has signed a definitive agreement to acquire all of the outstanding capital stock of Berkeley Transportation Systems (BTS), a privately-held specialist in transportation performance measurement, based in Berkeley, California. Since its inception in 1998, BTS has been involved in more than twenty projects and deployments, with customers ranging from the California DOT, Caltrans, and the Alaska Dept. of Transportation to the Transportation Research Board and Attikes Diadromes, operator of the Attica To
April 25, 2012 Read time: 2 mins
RSS253 Iteris has signed a definitive agreement to acquire all of the outstanding capital stock of Berkeley Transportation Systems (BTS), a privately-held specialist in transportation performance measurement, based in Berkeley, California. Since its inception in 1998, BTS has been involved in more than twenty projects and deployments, with customers ranging from 5246 Caltrans, and the 5247 Alaska Department of Transportation to the 2774 Transportation Research Board and Attikes Diadromes, operator of the Attica Tollway in Greece.

"BTS is a pioneer and leader in performance measurement systems and their capabilities are a perfect complement to our iPerform software as well as our performance measurement and management initiative as a whole," said Abbas Mohaddes, president and CEO of Iteris. "I believe this acquisition provides a key technology and a strong base from which to grow this area of our business, and is consistent with our growth strategy and to become the leader in providing information management solutions for intelligent traffic management."

Karl Petty, president and CEO of BTS commented, "We see tremendous opportunities in combining forces with Iteris to deliver performance measurement solutions to their large customer base. This includes expanding the capabilities of our products with Iteris' iPerform software to take performance measurement to new heights."
Highway & Network Management

For more information on companies in this article

Related Content

  • Road savvy WIM prolongs highways and saves nations vital cash
    May 28, 2013
    A leading WIM system manufacturer is playing a key role in efforts to reduce the number of overloaded trucks costing developing economies around the world billions of dollars in accidents and damage to roads, while another company has won a major contract in South America. Guy Woodford reports. The prevalence of overloaded trucks on the road networks of developing countries and the accidents and structural damage they cause wastes valuable, limited resources in some of the world’s poorest economies, diverti
    Read More
  • Terex MP buys Canadian concrete mixer company
    August 2, 2022
    Terex Materials Processing (MP) has acquired Canadian company ProAll, a specialist producer of mobile volumetric concrete mixers.
    Read More
  • Symology wins UK government framework award for street works system
    April 25, 2012
    Symology, a leading UK supplier of street works systems and highway asset management systems, has announced that the UK Government Procurement Service has made the only award on the G Cloud Framework for a street works co-ordination solution to Symology. The Symology Insight Street Works Management for Traffic Managers (Cloud Edition) builds on existing attributes of Symology’'s managed service and delivers the company'’s traditional Street Works Management solution in a way consistent with the demands of c
    Read More
  • Caterpillar CEO Doug Oberhelman retiring
    October 17, 2016
    Caterpillar chairman and CEO Doug Oberhelman is retiring after more than 41 years with the company. This will become effective from March 31st, 2017. During his time as chairman and CEO, Oberhelman has boosted the company’s focus on serving customers while also driving a culture of quality and safety. Oberhelman led the company to its highest sales and revenue peak in its 91-year history in 2012, and, since that time, has successfully led the company through the unprecedented downturn affecting our key indu
    Read More

Highlighted Content