From Pulse 2.0 · Amit Chowdhry · · 50s
Modaxo Acquires Fiscaltech For Brazil Expansion
Modaxo buys Fiscaltech to boost traffic management and tolling in Brazil.
In brief
Modaxo buys Fiscaltech to boost traffic management and tolling in Brazil. Modaxo acquired Fiscaltech to expand intelligent traffic management and tolling operations across Brazil. Originally reported by Pulse 2.0.
Modaxo Acquires Fiscaltech
Modaxo, a global technology organization specializing in transportation and mobility software, has acquired Fiscaltech, a Brazil-based provider of intelligent transportation systems.
Fiscaltech's Operations
Headquartered in Curitiba, Brazil, Fiscaltech has operated in the intelligent transportation technology sector for approximately 30 years.
Fiscaltech's Capabilities
Its technologies currently help manage more than 4,000 traffic lanes across 25 Brazilian states, serving public agencies, transportation authorities, highway concessionaires, and private operators.
Acquisition Benefits
The acquisition provides Modaxo with an established regional business, additional technical expertise, and relationships with public and private transportation customers across Brazil.
The takeaway
Modaxo acquired Fiscaltech to expand intelligent traffic management and tolling operations across Brazil.
