M&A Deal Summary |
|
---|---|
Date | 2020-12-07 |
Target | TrafficCast International |
Sector | Information Technology |
Buyer(s) | Iteris |
Deal Type | Add-on Acquisition |
Deal Value | 16M USD |
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Category | Company |
---|---|
Founded | 1969 |
Sector | Technology Hardware |
Revenue | 172M USD (2024) |
Iteris is a provider in the traffic management market delivering total solutions for public and private sector clients in key markets worldwide. The company develops and applies advanced technologies to reduce traffic congestion and improve the safety of its surface transportation system. Iteris was founded in 1987 and is based in Austin, Texas.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Information Technology) | 1 of 1 |
Type (Add-on Acquisition) | 2 of 2 |
State (Wisconsin) | 1 of 1 |
Country (United States) | 2 of 2 |
Year (2020) | 1 of 1 |
Size (of disclosed) | 1 of 2 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2020-05-04 |
ClearAg
California, United States ClearAg, Inc. is a solution that brings applied meteorological expertise, state-of-the-science land and surface agronomic modeling, and adaptive data processing that leverages over 20 years of accurate and location-specific descriptive and predictive insights to customers across the globe. |
Sell | - |