Miovision acquires TTS

Miovision, whose scalable intelligent transportation solutions help cities reduce traffic congestion while improving safety, has made Traffic Technology Services (TTS) its sixth acquisition.

TTS provides the connection to traffic infrastructure that powers solutions like Audi Traffic Light Information: a first of its kind, innovative offering that assists vehicle operators to identify optimum speeds to avoid red lights and reduce fuel consumption as well as allowing customers to spend time more productively

TTS has agreements with 180 agencies, providing insights from 80,000 intersections, to power in-vehicle solutions while providing traffic network data insights to traffic agencies.

“TTS is the pioneer in V2X services, and over the past 10 years, this team has established relationships with public traffic agencies and traffic control companies around the world to make V2X a reality,” said Miovision CFO Joe Custer. “TTS’s patented technology is the only real-time “situational awareness” service directly available to drivers through the vehicle’s instrument panel offering a differentiated driver experience. TTS adds an exciting new dimension to Miovision’s array of solutions and we look forward to scaling this critical service to all automotive OEM’s and fleet operators across all signalized traffic intersections in Canada, U.S., Europe, and other places. Our intention is to save lives, reduce energy consumption, and increase productivity across all vehicle fleets globally.”

“Becoming part of Miovision immediately helps us expand the footprint and scope of our services,” said Thomas Bauer, the CEO of TTS. “Miovision’s relationships with agencies – including transportation, emergency services and transit agencies – provide exciting new opportunities to deliver compelling connected vehicle applications and services.”

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