Econolite and PTV Group logos joined to represent a unified Global Platform for mobility solutions.

Econolite and PTV Group: A New Global Platform for Mobility

Mar 15, 2022 | Press
6 Min Read

Econolite and PTV Group have joined forces to create a unified Global Platform for the transportation industry. Specifically, this partnership leverages the strengths of both brands to deliver end-to-end smart and sustainable traffic management solutions worldwide.

The creation of this Global Platform represents the fulfillment of a long-term strategic vision. Specifically, by combining Econolite’s leadership in North American traffic management with PTV Group’s world-class simulation software, we are redefining the ITS landscape. This collaboration is backed by Bridgepoint and Porsche SE, ensuring the stability and resources needed for massive innovation. Consequently, our joint efforts will accelerate the development of safety-critical technologies for multimodal travelers.

Advancing Innovation via a Unified Global Platform

Under a new holding umbrella, both brands are working to optimize supply chain challenges for modern smart cities. Specifically, the integration of hardware and software allows us to offer a “One-Stop-Shop” for transportation professionals. Because we prioritize global research and development, we are expanding our scope to serve over 120 countries. Consequently, the Global Platform focuses on four primary pillars of innovation:

Additionally, our focus remains on improving the overall quality of life through “Mobility for Humanity.” By operating as a unified Global Platform, we can scale our solutions more effectively than ever before. Consequently, we are helping communities build safer, more reliable, and highly efficient transportation networks. We invite you to learn more about this exciting new chapter by reviewing the detailed documents linked below, or click here


About Econolite – Part of Umovity

Econolite is the North American market leader in intelligent traffic management solutions with over 93 years of experience. Econolite has provided more than 160,000 traffic controllers deployed at over 60,000 intersections. Its leading traffic management software has been installed by more than 515 agencies across North America. Econolite prides itself on being the leading provider of traffic management solutions including cabinets, controllers, software, sensors, and professional services. With nearly 850 employees in North America, Econolite drives innovation in traffic management and safety solutions, including connected and automated vehicles research and development. In June 2022, Bridgepoint acquired a majority stake in Econolite, and together with PTV Group, a dynamic partnership was formed. Since 2023, Econolite and PTV Group are united under the brand Umovity.

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