Traffic data pioneer Inrix to be acquired by Allstate’s Arity after more than two decades
Summary
Inrix agreed to sell substantially all of its assets to Arity, the mobility data subsidiary of Allstate. The deal ends Inrix’s 22-year run as a standalone company after the traffic data company spent years building analytics software and transportation intelligence products. Arity plans to combine its driving-behavior data with Inrix’s traffic, road, and mobility analytics to create a broader intelligence offering. The acquisition is expected to close later this year, and the companies did not disclose terms.
AskAI Classifications
Sectors
Transportation and Mobility
Transportation Management
Traffic and Tolling Systems
Functions
Business Intelligence and Analytics
BI Analytics
