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 […]
Globant (NYSE: GLOB), a leading digitally native company recognized for its innovative technology solutions, today announced a significant acquisition, further expanding its influence in the global tech sphere. The company has acquired Iteris Holding Ltda., a Brazilian consultancy at the forefront of digital transformation. This move strengthens Globant’s operations in Brazil, adding top local digital […]
Iteris, a California-based smart mobility infrastructure management company, has won a contract worth $1.1 million from the California Department of Transportation (Caltrans) for smart mobility design and engineering services. The contract from Caltrans pertains to the rehabilitation and upgrade of roadways spread over three communities in Los Angeles. As per the terms of the one-year […]