Alarmaviva-backed Iteris completed the acquisition of technology assets of ThruGreen.

Alarmaviva-backed Iteris, a technology company, completed the acquisition of technology assets of ThruGreen, a technology company. Financial terms were not disclosed. “ThruGreen’s technology aligns perfectly with our mission to deliver safer, smarter, and more sustainable mobility. By integrating ThruGreen’s capabilities into our ecosystem, we’re empowering agencies with more flexible, cloud-based tools to manage traffic operations in real time and with greater efficiency,” Joe Bergera, Iteris CEO.