Intelight

US-based Intelight has been awarded a US$9.6 million framework agreement advanced traffic signal management and control (ATMS) frame agreement by the Georgia Department of Transportation (GDOT) for its state wide traffic signal software project. Intelight, a Q-Free Group company, will deliver ATMS and control software, as well as well as hardware upgrades for the state’s signalised intersections at up to 9,500 locations. The project utilises the latest available advanced transportation controller (ATC

Q-Free subsidiary Intelight announced today it has named Michael Wieck (left) as its new CEO. Wieck most recently served as CTO of SWARCO Traffic Americas and brings a diverse ITS background that has spanned 20 years. “I’m extremely pleased to have Michael take on the role of leading the company. His competence and experience will improve our ability to capture an increasing proportion of a growing market,” said Intelight founder Craig Gardner (right) who will continue as president.

Q-Free has increased its stake in US traffic controller supplier, Intelight, with a five year option program which will give shareholders the option to sell shares at closing in 2015 and in five subsequent years valid from 2016. The deal will give Q-Free the opportunity to add some 15 per cent of Intelight shares to its current 10.2 per cent shareholding each year. At end of the five year period, Q-Free has the option to acquire the rest of the shares. The first transaction will be closed during the second

Q-Free has signed a Share Purchase Agreement (SPA) for the acquisition of Open Roads Consulting for a cash consideration of approximately US$6.2 million. Further consideration is dependent on future financial performance. The transaction is expected to be closed within the end of the third quarter 2014. The acquisition represents a milestone for Q-Free and is a strategically good match with other advanced traffic management systems (ATMS) and road user charging (RUC) activities within the group. It will

Following its recent acquisition of TDC Systems in the UK, Q-Free is to acquire Slovenian company Traffic Design, an acquisition that reflects a continuation of Q-Free’s strategy to strengthen its business within Advanced Transportation Management Systems (ATMS). Traffic Design was established in 1990 and is the market leader in traffic management, parking systems and tolling in Slovenia. The company has installed traffic management and parking systems nationwide and is the operator of the country’s tol

Q-Free has strengthened its position in the market for advanced transportation management systems with the signing of a share purchase agreement for the acquisition of intelligent transportation systems (ITS) supplier TDC Systems for an estimated cash and equity consideration of US$16.6 million dependent on future financial performance. Established in 1998, TDC Systems comprises TDC Systems in the UK and its sister company TDC Systems in Australia, both of which are owned by founder and managing director

Q-Free is to acquire Serbian traffic management company Elcom in a deal worth US$1.8 million. Q-Free has signed a share purchase agreement (SPA) for the acquisition which it says reflects the company’s efforts to strengthen its business area within advanced transportation management systems (ATMS) and follows a US$1 million investment in ten percent ownership of US traffic management company Intelight. Established in 1994, Elcom offers traffic controllers, LED street lights and traffic control system sol

Intelight remains focused on its ATC compliant X2 controller at this year’s show, reminding conference goers that it features a color touch screen interface that allows for third-party applications to run in tandem with traffic applications without interference.