Cindy Johnson, the founder and CEO of Mobilitat, will become the president of Syncromatics' newly formed Demand Response Division and join the Syncromatics Board of Directors. Syncromatics will retain all Mobilitat employees and the company's Wyoming office to ensure continuity of service to all Easy Rides customers and to accelerate the development of new products.
Syncromatics CEO Ian Sephton heralded the acquisition as a major step in Syncromatics' expansion strategy: "The Demand Response Division extends our toolkit to serve a new segment of the public transportation industry. Our clients tell us they want integrated solutions and fewer vendors to manage, so we answered the call. Mobilitat's team has a tremendous 'customer first' attitude, and they'll fit in perfectly at Syncromatics."
"Mobilitat's focus has always been on empowering public transit operators to run more efficiently and provide better service to their riders," said Johnson. "The Syncromatics team shares these values, and together we can make an even greater impact on the transportation landscape."
The first newly integrated product resulting from the partnership is Open MDT, a Mobile Data Terminal that can seamlessly switch between fixed route mode and demand response mode. This flexible design enables transit agencies to provide more rides with fewer spare vehicles to reduce overhead costs. Open MDT can also run third-party apps on the Android operating system to extend its functionality and ensure a "future proof" technology platform.
The deal closed at midnight on Monday, August 15 for an undisclosed amount.
Syncromatics provides Intelligent Transportation Systems hardware and software to make public transit buses more comfortable for passengers and more efficient for small and mid-sized cities. Syncromatics deploys cloud-based computer aided dispatching and automatic vehicle location (CAD/AVL) software, real time passenger information, automatic passenger counters, next stop announcement systems, Wi-Fi, and other SmartBus technologies to Make Transit Work. Syncromatics is headquartered in Los Angeles, California and serves more than 40 transit operations across the United States. In 2015, Syncromatics became a majority owned subsidiary of GMV, a global leader in Intelligent Transportation Systems based in Madrid, Spain. Find out more at www.syncromatics.com.
Founded in 1998 by Cindy Johnson, Mobilitat develops dispatching and scheduling software products for municipal and private paratransit systems. Mobilitat's Easy Rides software is currently deployed in more than 120 agencies and growing. Mobilitat is headquartered in Green River, Wyoming, with seven employees working virtually in three states. Find out more at www.Mobilitat.com.
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