PTV Group pilots its first hardware solution in the UK under Umovity banner

Modelling and simulation software company PTV Group is piloting its first piece of traffic detection hardware in Europe, as part of the integration with its sister company Econolite. The sensor EVO RADAR has been successfully trialled in in South Gloucestershire. The two companies, which merged in January under the Umovity brand, are now actively harnessing […]

PTV Group, Econolite, and Conundra continue their integration by creating two strong and distinct businesses, mobility and logistics

PTV Group, Econolite, Conundra, along with backers – Bridgepoint, the quoted private assets growth investor, and Porsche Automobile Holding SE have announced the further integration and strategic reorganization of PTV, Econolite, and Conundra into two strong and distinct businesses serving their respective end markets mobility and logistics. Under the new mobility brand Umovity, Econolite and PTV Mobility are integrating their […]

PTV and Econolite combine to leverage growth potential in the smart and sustainable mobility solutions market

Bridgepoint, the quoted private assets growth investor, and Porsche Automobile Holding have announced that they will support traffic simulation software company PTV in its partnership with Econolite, the leading North American provider of intelligent traffic management solutions. The two companies will join forces under the umbrella of a newly formed holding to provide hardware, software […]

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