On 22. April 2014 Traffic design was acquired by Q-Free with the aim to strengthen the business within Advanced Transportation Management Systems (ATMS). The acquisition of Traffic Design provides further synergies in the process of broadening Q-Free’s product range.
“The inclusion of Traffic Design’s products and solutions into Q-Free’s portfolio is a further important step towards realising Q-Free’s ambitions in the intelligent traffic systems market. Traffic Design strengthens both the ATMS business and Q-Free’s already leading position in the road user charging market,” says Q-Free CEO Thomas Falck.
“Traffic Design has historically been operating in local markets, with limited access to international customers. Joining forces with Q-Free will enable a global reach for our products, which we believe is a unique possibility for Traffic Design. We are impressed with Q-Free’s employees and products, and are looking forward to working on the same team in the future,” says Traffic Design CEO Blaž Gostiša.
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 tolling system.
In the longer-term, Q-Free expects that the markets for ATMS and road user charging to converge into a joint market for intelligent transport systems (ITS), both technologically and commercially. Q-Free intends to play an important role in this market, and considers Traffic Design’s products, solutions and services as a strong addition to its product offering.