Ford Smart Mobility LLC (FSM), a division of Ford Motor Company, is announcing an agreement to acquire Journey Holding Corporation a leading software solutions provider for intelligent transportation systems.
Details are provided below:
- This acquisition will accelerate the Fords delivery of transportation solutions for cities & universities with transit operations Journey Holding CEO Justin Rees will lead the new operation Together, the new group serves nearly 1200 cities, universities, corporate campuses and other enterprises with software solutions for fixed route transportation.
- The team of more than 200 employees providing services to cities and other potential customers to improve transportation systems and rider experiences.
The combination of these transit technology companies will accelerate our efforts to help cities deliver more seamless, productive, and accessible transportation solutions to their citizens and visitors, said Brett Wheatley, vice president Ford Mobility Marketing and Growth.