Iteris enters new phase with $335m private acquisition by Almaviva

Iteris enters new phase with $335m private acquisition by Almaviva

Iteris, Inc., a notable provider of solutions for smart mobility infrastructure management and listed on the Nasdaq, is set to transition into a private company following a takeover valued at $335 million by Almaviva, the Italian leader in digital innovation. The acquisition deal specifies that Iteris shareholders will receive a cash payout of $7.2 for […]