Kapsch TrafficCom expands ITS portfolio - smart parking provider Streetline acquired

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VIENNA & MCLEAN, Va.--(BUSINESS WIRE)--Kapsch TrafficCom AG announced that it has acquired controlling ownership of California-based Streetline, Inc., an innovative provider of smart parking solutions. “Transportation’s future is about enabling exceptional user experiences with intelligent mobility solutions,” said Georg Kapsch, CEO of Kapsch TrafficCom AG. “Kapsch will integrate Streetline’s cutting-edge smart parking applications and data analytics with Kapsch’s intelligent transportation sys

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