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

  • Deere & Company planning to buy Wirtgen
    June 1, 2017
    A major acquisition looks likely for the construction machinery sector, with the German Wirtgen Group becoming part of Deere & Company. An agreement has been signed that will see Deere acquiring the Wirtgen Group.
    Read More
  • Deere & Company planning to buy Wirtgen
    June 1, 2017
    A major acquisition looks likely for the construction machinery sector, with the German Wirtgen Group becoming part of Deere & Company. An agreement has been signed that will see Deere acquiring the Wirtgen Group.
    Read More
  • Importance of continued transportation investment
    May 2, 2012
    The US infrastructure network requires urgent attention - * T Peter Ruane. America's transportation infrastructure was once the "shining light on top of the hill." Major investments in a national highway, bridge, transit, airport, port and waterway system during the 20th century paid great dividends. The free and efficient flow of goods and people across the 50 states led to unparalleled economic expansion. The mobility and prosperity resulting from an interconnected infrastructure was a model for the world
    Read More
  • Need for sustainability in infrastructure projects
    July 13, 2012
    What can contractors gain from a sustainability strategy and why is it now a vital business imperative? Abigroup, one of Australia's leading and most diverse national contractors, has developed a sustainability strategy suited to its industry, workforce and business. World Highways discusses this and other issues with Sarah Marshall, Abigroup's national environment and sustainability manager. In the past a responsible business was viewed as one that performed strongly within legal boundaries to maximise pro
    Read More

Highlighted Content