Mobility and Traffic · Australia
Transoft Acquires 30% of AMAG to Boost Road Safety Portfolio
Transoft Solutions Inc., an expert in transportation engineering and operations software, acquired a 30% stake in Advanced Mobility Analytics Group (AMAG) from PPK Group Limited for AUD 2.7 million (approx EUR 1.62 million). AMAG, based in Brisbane, develops video-based analytics software to enhance traffic safety and road infrastructure management, leveraging cloud-based platforms for predictive analytics aligned with Vision Zero goals.
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