PTV Group bought by private equity firm
The quoted private assets growth investor Bridgepoint is buying a majority stake in transport modelling company PTV Group. The previous owner Porsche Automobil Holding SE will retain what is called “a significant minority stake in the company”. The price has not been disclosed. They say the partnership between Bridgepoint and Porsche SE aims to “further […]
PTV Group develops mesoscopic rail passenger simulation tool in collaboration with Network Rail (UK)
PTV software for mesoscopic simulation has been successfully implemented in a pedestrian context to analyse detailed passenger movements within rail stations. The new tool is a first-of-a-kind solution that leverages standard datasets for timetables, passenger estimates and station layouts to allow for a station model to be built, run, and analysed in a few hours. […]
York aims to ease traffic jams before they happen
The City of York is to try out a transport modelling solution which mixes traditional planning software with live traffic information to work out where traffic jams will form before they do so. The system from PTV can then be used to mitigate problems before they happen, which should lead to less congestion and improved […]
