Ford Smart Mobility is acquiring Journey Holding, an intelligent transportation system software provider, and will integrate its offerings with TransLoc, a Ford-owned provider of technology products for public and private transit operations.
Journey Holding CEO Justin Rees was named CEO of the newly combined transit technology organisation. The new company will accelerate Ford's delivery of transportation systems for cities, universities, and other businesses with transit operations.
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"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.
"It also will be key to connecting customers with the other mobility solutions in our portfolio, such as Spin e-scooters and our GoRide Health service."
Together, the new group serves nearly 1,200 cities, universities, corporate campuses and other enterprises with software for fixed route transportation, microtransit on-demand transportation and other related areas. The combined team of more than 200 employees has a proven record of reliably providing services to cities and other enterprise customers to improve transportation systems and rider experiences.
"The need for safe and seamless transportation is critical in our cities globally," said Rees.
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By GlobalData"Together, we will be able to offer transit leaders globally a full suite of services backed by the credibility and commitment of Ford Motor Company."
Other members of the new company's management team appointed today include: Scott Lacy, vice president of product, Ron Cygnarowicz, VP of customers, Ilya Rekhter, VP of growth, Kevin Fowler, VP of finance, Katie Strickland, VP of people, Peter SerVaas, VP of innovation and Kelly Rees, VP of integration.
TransLoc CEO Doug Kaufman will leave on 16 August.
Journey Holding was established in 2018 as the result of a merger between Indianapolis-based DoubleMap and Salt Lake City-based Ride Systems. Both companies provide automatic vehicle location services to municipalities, universities, airports, hospitals and corporate fleets. DoubleMap was founded in 2011 by Ilya Rekhter, Peter SerVaas, and Eric Jiang. Ride Systems was founded in 2007 by Justin Rees, Kelly Rees and Ben Haynie.
The name of the combined organisation will be announced later.
The terms of the acquisition are not being disclosed.
