IVU acquires STI AG in Switzerland
Strategic expansion in important core market and further development of activities there
Berlin/Zurich, 24 August 2017 – IVU Traffic Technologies AG has acquired the Swiss consulting firm Soft Tech Informatik AG (STI), giving it a presence in Switzerland with its own subsidiary from now on. The Berlin IT specialist for public transport will use IVU Traffic Technologies Schweiz AG to further enhance customer service and sales in the country. The new company is based in Zurich.
A dense network of various means of public transport, the only one of its kind in the world, makes Switzerland one of Europe’s most dynamic and important transport markets. Over 250 transport operators carry more than two billion passengers a year – and counting. IVU has long been successfully represented in Switzerland: more than 30 Swiss transport operators such as SBB, VBZ and PostAuto already use IVU.suite solutions to plan and manage buses, trains and ships or to sell national travel tickets.
The new company will be managed by Marc Schaffert, who heads up the current IVU office in Basel and is responsible for Sales and Key Account Management in Switzerland, together with Stephan Keiser, STI’s former managing director. “The aim is to bundle our joint activities under one roof in order to give our customers here even better service and to tap into the additional potential of the Swiss market,” explains Marc Schaffert. Stephan Keiser adds: “Our long-standing and very good partnership with our IVU colleagues is an excellent foundation for the implementation of new projects. We are very much looking forward to cooperating even more closely from now on.”
Martin Müller-Elschner, CEO of IVU Traffic Technologies AG, outlines the reasons for the acquisition of STI as follows: “Switzerland is one of IVU’s core markets alongside Germany and Austria. By acquiring STI, we can further improve our strong market position and open up new opportunities for the future development of our business in Switzerland.”
IVU Traffic Technologies AG has taken over the Zurich consulting firm Soft Tech Informatik AG to form IVU Traffic Technologies Schweiz AG. The company is based in Zurich. (Image: swisshippo/Fotolia)
Press contact:
Dr Stefan Steck
Corporate Communications
IVU Traffic Technologies AG
Bundesallee 88, 12161 Berlin, Germany
T +49.30.85906-386
Stefan.Steck@ivu.com
www.ivu.com
IVU Traffic Technologies AG has been working for over 40 years with more than 400 engineers to ensure punctual and reliable transport in the world’s metropolises. In growing cities, people and vehicles are constantly on the move – a logistical challenge that calls for intelligent and secure software systems. The integrated standard products of the IVU.suite work to plan, optimise and control the deployment of buses and trains, provide passengers with real-time information, create routes for parcel delivery services, and support businesses in choosing branch locations.
IVU. FACILITATING PUBLIC TRANSPORT.
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