Visitors and Parking Management Co (TAPCO) has introduced the acquisition of Logix ITS, a distinguished supplier of linked site visitors options, in a transfer that can create one of the vital complete clever transportation system (ITS) platforms in North America.
Logix ITS serves hundreds of consumers throughout the US and Canada by its Visitors Logix, All Visitors Options, and Parking Logix manufacturers. Its choices span velocity calming, site visitors movement optimization, and parking applied sciences, supported by a unified cloud platform and a sturdy direct gross sales community.
The corporate is understood for its {hardware} innovation and scalable software program, which delivers real-time site visitors knowledge and insights to greater than 4,000 cities, municipalities, regulation enforcement businesses, and business organizations.
The acquisition strengthens TAPCO’s place within the ITS house, combining its vertically built-in manufacturing and distribution capabilities with Logix ITS’s expertise and established buyer base. Collectively, the businesses goal to enhance street connectivity and security outcomes throughout North America.
Eric Stangel, president and CEO of TAPCO, mentioned, “We’re excited to affix forces with Logix ITS, increasing our 70-year legacy of pioneering site visitors security. This acquisition unites cutting-edge options below one sensible platform, empowering businesses to boost roadway and pedestrian security seamlessly.”
TAPCO will proceed to ship worth by its in-house manufacturing, distribution, and companies, whereas benefiting from one of many largest direct gross sales forces within the site visitors security trade.
