Kapsch Acquires Major Stake in Fluidtime

Kapsch TrafficCom announces that it has acquired a 75 percent stake in Fluidtime Data Services GmbH, a supplier of IT systems for integrated mobility solutions. “With the acquisition of Fluidtime, Kapsch strengthens its position to act as a platform- and service provider for upcoming Mobility-as-a-Service (MaaS) schemes for cities, corporations and transport agencies,” Kapsch says. “Since 2004, Fluidtime has developed and operated software solutions and user-friendly mobile services enabling intermodal urban travelling. Fluidtimes mobility software platform acts as the market place for intermodal ticket purchases as well as for booking of all integrated modes of transport.”