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Transoft Solutions Acquires Advanced Mobility Analytics Group
Transoft Solutions Inc., a leader in transportation software, announced its acquisition of Advanced Mobility Analytics Group (AMAG), headquartered in Brisbane, Australia. Known for its video-based analytics software, AMAG enhances traffic safety and road infrastructure management.
This acquisition integrates AMAG's SMART platform with Transoft's capabilities, supporting Vision Zero and Safe Systems with advanced analytics. CEO Daniel Shihundu expressed enthusiasm about merging teams to expedite R&D. The acquisition strengthens Transoft's presence in Australia and the Asia-Pacific region.
Simon Washington, AMAG's CEO, noted the cultural alignment and shared vision between the companies, emphasizing their capability to tackle global traffic operations projects. The integration promises a seamless transition for AMAG's customers, augmenting Transoft's commitment to road safety initiatives.
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