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Redflex Finalizes Asset Purchase Agreement for RoadMetric, a Leader in Traffic Management, Machine Vision and Artificial Intelligence

Welcome to a New Day in Urban Mobility

We are excited to announce that Redflex has acquired the RoadMetric Ltd. brand and all of its intellectual property including advanced machine vision analytics software and leading-edge artificial intelligence (AI) tools.

For Redflex, the acquisition opens-up new intelligent transportation markets, and for existing and future customers, it creates new opportunities to build customized, cost effective and forward-thinking urban mobility solutions. RoadMetric’s technology portfolio and expertise perfectly complements Redflex’s established leadership in automated enforcement and commitment to saving lives, time and the environment.

The Roadmteric acquisition will bring machine vision analytics software, a leading-edge AI platform and highly trained personnel to immediately address a range of urban mobility issues. With RoadMetric’s extensive experience in computer vision, electronics and software engineering, our combined solutions will allow customers to address a broad range of issues associated with urban mobility, congestion management and road user billing.

Redflex Group Chief Executive Officer, Mark Talbot characterizes the acquisition as transformational.

“This was more than just an opportunity to acquire important assets. It’s always been part of our plan to grow Redflex as an intelligent transportation organization,” he said. “Paired with our speed and red light enforcement, school and work zone solutions, this platform will give our customers unprecedented levels of data and system awareness, along with improved accuracy, as they transition into a fully integrated smart cities world.”

— Mark Talbot

Mark-Talbot-New

The ability to generate prescriptive and predictive data that allow agencies to make smart decisions for the driving public, is a beach head in traffic management. The acquisition has compressed Redflex’s solution development cycle by at least two years and has vaulted the company to the front of the line in providing scalable, intelligent solutions to customers.

To learn more about how Redflex is helping customers worldwide, and how our company’s solutions, values and leadership could benefit your organization and your community, please click on the link at the bottom of the page.

RoadMetric technology augments our solution portfolio to deliver the following capabilities:

  • Bus Lane Enforcement

  • School Bus Safety

  • In Car Video + ANPR

  • Distracted Driver

  • Road Safety Alert

  • Intelligent Intersection

  • Curbside Management

Machine Vision and Artificial Intelligence Platform

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