RE:RE:Speed and red light camerasDoesn't IRD Europe have the capabilities with the acquisiton of VDS? What they do not have is much sales. Gatekeeper's TTM revenue is ~CAD $15M. Think bigger.
It's not just the cameras tho, it's the software, optical sensors, analysis, etc. IRD already has some of these capabilities and ETC is much further up the ITS software food chain that IRD.
The magnitude of one contract in Baltimore (USD $116M) was a big surprise to me. Perhaps this should be a priority area for QTRH's "Enforcement" division - IRD. Since these contracts are invariably local, QTRH will need boots on the ground. An acquisition? Maybe a tier two player that has a good customer relations track record but doesn't have the requisite technology for the software-based ITS world.