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Synopsis
TAPCO, a provider of intelligent transportation systems and traffic safety products, completed the acquisition of Logix ITS, a provider of connected traffic solutions spanning speed calming, traffic flow and parking technologies serving customers across the US and Canada. Financial terms were not disclosed. “We are excited to join forces with Logix ITS, expanding our 70-year legacy of pioneering traffic safety. This acquisition unites cutting-edge solutions under one smart platform, empowering agencies to enhance roadway and pedestrian safety seamlessly. We're grateful to our employees, customers and partners for supporting our mission to save lives and drive transformative safety innovations,” Eric Stangel, TAPCO President and CEO.
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