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UK: INRIX offers US$60m for ITIS Holdings

INRIX, Inc., the traffic information company, has extended an offer to ITIS Holdings plc and its shareholders to acquire the UK company for £37m (US$60m). Bryan Mistele, INRIX president and chief executive officer said: "ITIS is a strategic investment that expands our geographic reach, technical expertise and suite of market-leading technologies."  With Subscribe to Automotive … Continued

INRIX, Inc., the traffic information company, has extended an offer to ITIS Holdings plc and its shareholders to acquire the UK company for £37m (US$60m).

Bryan Mistele, INRIX president and chief executive officer said: "ITIS is a strategic investment that expands our geographic reach, technical expertise and suite of market-leading technologies." 

With

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https://www.automotiveworld.com/articles/88433-uk-inrix-offers-us-60m-for-itis-holdings/

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