Closing an acquisition in a pandemic, supply chains and enforcement approvals on Highways Voices
“I think growing organically in international markets is difficult when you’re coming from, say the US or if you’re coming from Australia and trying to build,” says Redflex CEO Mark Talbot on this week’s Highways Voices podcast. “It can take a long time. I think if you do a basic make-or-by type of analysis, you […]
Enforcement company Redflex bought
The American smart mobility company Verra Holdings has bought the global enforcement business Redflex in a deal which it says positions it for “solid international growth moving forward”. Redflex will now operate as a wholly-owned subsidiary of Verra Mobility. They say that for existing customers, the transition will be virtually seamless, with both Verra Mobility and […]
Highways Voices hears enforcement authorities must earn compliance
The latest Highways Voices podcast from Highways News features an in-depth interview with one of the UK’s leading experts on enforcement, who explains how to make sure the public support technology to ensure compliance on the road. Listen here. Assistant Managing Director Geoff Collins of Jenoptik told hosts Paul Hutton and Adrian Tatum that enforcement […]
Redflex buys machine vision and AI company
Enforcement specialists Redflex Traffic Systems has bought RoadMetric brand and intellectual property including advanced machine vision analytics software and leading-edge artificial intelligence (AI) tools. The Israeli company specialises in transport machine vision, video analytics and AI, and Redflex says the acquisition accelerates its entry into AI and computer vision to enhance and expand its solutions. […]
Redflex battles revenue drop in the US
The Australian speed camera manufacturer Redflex has seen its share price drop by a third thanks to a fall in revenue due to the Coronavirus crisis. The Wall Street Journal reports that the company’s seen a loss in revenue because fewer drivers means fewer people speeding which impacts on the share the company receives. It […]