ITIS Holdings announces £37 million acquisition offer from US-based INRIX

August 4, 2011

ITIS Holdings announces £37 million acquisition offer from US-based INRIX, a leading provider of traffic information and connected services

ITIS Holdings plc and its shareholders announced INRIX, Inc., a leading international provider of real-time traffic information and connected driving services, has extended an offer to acquire the company for approximately £37 million ($60 million).