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

  • Integrated corridor management offers transportation efficiency
    May 28, 2013
    In the Intelligent Transportation Systems world, the concept of managing roadway or transportation corridors is not new. Smart Corridor concepts have existed for some time, such as the Santa Monica Smart Corridor system from the 1990s. Across the world, a new emerging model for operating roadway transportation networks called integrated corridor management (ICM) has emerged. This is particularly true in California, where several new ICM projects have or are being deployed. There is a new paradigm for corrid
    Read More
  • Yanmar acquires 6.26% of Manitou capital and voting rights
    October 30, 2013
    Yanmar has acquired 6.26% of the capital and voting rights of Manitou. The move, through shares acquired from the French bank Société Générale, comes as the two construction equipment manufacturing groups are enhancing their strategic alliance by expanding cross distribution into Mexico and Latin America. Takehito Yamaoka, president of Yanmar, said, “Manitou is well-respected as the market leader in telescopic handlers, so it is exciting for Yanmar to have a closer relationship with them through this capi
    Read More
  • Kirk Steudle Named 2018 IRF “Man of the Year”
    May 14, 2019
    Kirk Steudle, longtime Director of the Michigan Department of Transportation (MDOT) and a globally recognized authority on the development of connected and automated vehicles has been nominated to receive IRF's most distinguished individual honour. According to IRF Chairman Eng. Abdullah A. Al-Mogbel "This accolade crowns an exceptional career and a highly respected voice on innovation in transportation, at a time when road sector stakeholders everywhere are embracing creative thinking in anticipation of ne
    Read More
  • Iteris to enhance Inland Empire's 511 traveller information system
    March 16, 2012
    Iteris has been awarded a US$1.5 million, five-year contract by the Riverside County Transportation Commission (RCTC), in cooperation with the San Bernardino Associated Governments (SANBAG), to operate and maintain the Inland Empire's 511 traveller information system.
    Read More

Highlighted Content