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

  • Growing US congestion problems will get worse according to study
    April 30, 2012
    The economic recession has only provided a temporary respite from the growing congestion problem, according to Texas Transportation Institute 2011 Urban Mobility Report.While traffic problems have stagnated in the US along with the economy, the annual study suggests that too little progress is being made toward ensuring that the nation's transportation system will be able to keep up with job growth when the economy does return.
    Read More
  • Data collection key to software developments
    February 13, 2012
    The collection and handling of data are key technology drivers in the software sector. New methods of data collection and manipulation are driving significant developments in software at present. The latest technology allows designers and engineers to collect, store and manipulate ever larger amounts of data. Growing use of mobile field equipment for both data collection and field management is driving interactive systems. And in an interview this month Autodesk senior vice-president for the construction an
    Read More
  • IRF appoints new global road safety champion
    March 2, 2012
    The International Road Federation has a new spearhead for its global road safety programme. Michael Dreznes will serve as the Federation's (IRF) executive vice president with worldwide leadership on training, policy and capacity-building activities.
    Read More
  • Alliance between Bentley and Trimble
    January 2, 2013
    A strategic alliance has been established by Bentley and Trimble – Mike Woof and Guy Woodford report A major move in the construction software sector has been seen following the announcement of a strategic alliance between Bentley Systems and Trimble. Both companies have been acquiring smaller firms and expanding their product portfolios and have worked together in the past but this new development will result in far closer integration.This alliance between Trimble and Bentley aims to create a new benchmark
    Read More

Highlighted Content