|La Défense, December 10th 2015|
Infra Park acquires technology from Now! Innovations
Infra Park, the world leader in individual mobility solutions and the parent company of Indigo, the world leader in parking and individual mobility, announces the acquisition from Now! Innovations of its software platform for parking an d individual mobility services. Following the transaction, Now! Innovations' TEAM as well as its US-based subsidiary Mobile Now LLC, will join Infra Park Digital, the digital arm of the Infra Park Group.
Following the Transaction Infra Park will be able to rely on a technology that attracted worldwide recognition for its ability to seamlessly manage all mobility transactions. Infra Park will be able to offer new services to address the challenges posed to cities and urban-dwellers by new mobility trends, allowing them to better enjoy the city.
Now! Innovations will market the Now! platform to cities and service providers worldwide. It will rely on Now!'s software development team, based out of Tallinn, Estonia.
Now! Innovations was founded in 2000 in Estonia and is headed by Üllar Jaaksoo. It is a leading provider of cloud-based billing, payment and management software for individual mobility. The Company has operations throughout Europe, North America and Russia. Its solutions have been deployed to more than 70 cities and power 40 million transactions performed every year by urban dwellers.
Now! Innovations' platform will be used by Indigo, the world leader in parking and individual mobility, to create the most advanced services for their clients, including dematerialized access, reservation and payment for all types of parking and mobility services, including on-street and off-street parking, EV charging, car sharing.
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About Infra Park
Infra Park S.A.S. (previously named Infra Foch S.A.S.) holds about 100% of Indigo Infra S.A. (previously named VINCI Park S.A.). Infra Park S.A.S. is indirectly held at almost 37% by investment funds managed by ARDIAN, almost 37% by Crédit Agricole Assurances through its subsidiary Predica, almost 25% by VINCI Concessions (VINCI group), and the remainder by the Group's management.