Daimler Buses invests in digital mobility, acquires stake in IVU Traffic Technologies

by Autocar Pro News Desk , 28 Feb 2019

Martin Muller Elschner, CEO of IVU Technologies, Matthias Rust, CTO of IVU Technologies, Till Oberworder, head of Daimler Buses and chief executive of Evobus, Gustav Tuschen, head of product engineering Daimler Buses.

Daimler Buses is investing in digital mobility and acquiring a 5.25 percent stake in Berlin-based IVU Traffic Technologies. The seller of the equity stake is the charitable foundation Gerlind & Ernst Denert-Stiftung established by IVU’s previous CEO, Prof. Ernst Denert. The transaction also involves a strategic partnership between IVU and Daimler Buses to offer integrated mobility solutions for the public transport of tomorrow.

Considering the fact that public transport is undergoing a radical transformation, Daimler Buses has identified three issues that will have a significant impact on the transport transformation: increasing connectivity, electric mobility and digital mobility services. The partners want to work together to develop innovative, integrated solutions that go far beyond the vehicle itself and the traditional IT transport system.

Martin Müller-Elschner, CEO of IVU Traffic Technologies said, “Our IVU.suite standard solution is one of the leading systems for resource planning and fleet management, and is already paving the way extensively for the public transport of tomorrow. Through the strategic partnership with Daimler Buses, we are building synergies for technological development and strengthening our international market presence.”

Till Oberworder, head of Daimler Buses and chief executive of EvoBus, adds: “Electro mobility is changing particularly the conditions for all market participants. As a leading manufacturer, we are already advising our costumers today on how to make the most of our buses and especially our electric buses. Through the cooperation with IVU, we are positioning ourselves even stronger as an integrated system provider for public transport.”