Announced
Completed
Financials
Sources
Tags
Completed
Single Bidder
United States
signal control
IT Services: Other
Majority
Friendly
Private
Cross Border
Acquisition
Synopsis
Miovision, a company that helps cities modernize their approach to traffic management, completed the acquisition of Rapid Flow, an adaptive traffic signal control provider. Financial terms were not disclosed. “We’re excited for Rapid Flow to join the Miovision team. Not only does this add an industry-leading adaptive control product to our existing platform capabilities, but also adds the passionate team of people who developed it to Miovision’s world-class engineering team," Kurtis McBride, Miovision CEO.
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