Altimate

Bucharest, Romania Founded: 2014 • Age: 12 yrs Acquired By Kontron
Altimate is engaged in providing intelligent transport and IT solutions.

About Altimate

Altimate is a Technology company based in Bucharest (Romania) founded in 2014, and was acquired by Kontron in September 2023. Altimate is engaged in providing intelligent transport and IT solutions. It operates on a Managed Services and Professional Services model in Technology and Transportation, Automotive & Logistics sectors. Altimate has completed 1 acquisition, including Codework. Altimate offers products and services including Intelligent Transport Solutions, IT&C Solutions, and Business Intelligence Solutions. Its focus areas include Transportation Technology, Intelligent Transport Systems, Information Technology and IT Solutions. Its competitors include Miovision, NoTraffic, Waycare, Commsignia and PTV Group and 5 more; 8 of its 10 listed competitors have raised funding.

Company details

Altimate is involved in the development and implementation of advanced technological solutions focused on intelligent transport systems for urban and interurban traffic management. The company also offers IT and communication solutions, including hardware and software services, to various sectors in Romania. Additionally, business intelligence and customer relationship management tools are provided to support client operations and decision-making processes. Solutions are tailored to enhance security, mobility, and communication for clients across multiple industries.

  • Headquarters Bucharest, Romania
  • Stage Acquired
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website altimate.ro
  • Social LinkedIn Facebook
  • Acquired by Kontron (Sep 2023)
Key Metrics

Products & Services of Altimate

Altimate offers a comprehensive portfolio of products and services, including Intelligent Transport Solutions, IT&C Solutions, and Business Intelligence Solutions.

Intelligent Transport Solutions
Transportation Technology

Solutions for urban and interurban traffic management provided.

IT&C Solutions
Information Technology

Hardware and software solutions for communication are offered.

Business Intelligence Solutions
Business Software

Tools for business data analysis are developed and implemented.

Investors in Altimate

Altimate has secured backing from 1 investor. Prominent investors backing the company include Kontron.

All
InvestorDescriptionFounded YearDomainLocation
Embedded computing platforms are developed for industrial applications.
1959kontron.comLinz, Austria
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Investor details for Altimate

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Investments & Acquisitions by Altimate

Altimate has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Codework.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
IT solutions for deployment, control, and classroom management are provided.
codework-systems.comNiagara Falls, United States1997Sep 2010β€’β€’β€’β€’
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Complete acquisition details for Altimate

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Timeline of Altimate

3 dated milestones of Altimate across 13 years, from founding to its latest funding, stage changes and deals.

  1. Acquisition Acquires Codework.
  2. Founded Altimate is founded.
  3. Exit Acquired by Kontron.

Competitors of Altimate

Altimate has 10 listed competitors in our database, 8 of them funded. They include Miovision, NoTraffic, Waycare, Commsignia and PTV Group, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
miovision.com2005Kitchener, Canada$307.32M282
Traffic data collection and management solutions are provided.
notraffic.tech2017Tel Aviv, Israel$70.7M–
AI-enabled automatic traffic management solutions are provided for operators.
waycaretech.com2016Tel Aviv, Israel$10.07M–
Provider of an AI and cloud-driven traffic management software
commsignia.com2012Budapest, Hungary$27.05M–
Vehicle-to-vehicle and infrastructure communication systems are supplied.
ptvgroup.com1979Karlsruhe, Germany–409
Modeling and simulation software for transportation scenarios is provided.
connectedsignals.com2010Eugene, United States$1.62M15
Developer of a platform that communicates with traffic signals for alerts and information
savari.net2008Santa Clara, United States$20M54
Automotive digital transformation and connected car services are provided.
cohdawireless.com2004Melbourne, Australia$1.8M1
Hardware & software solution provider for V2X communications
resilienx.com2018Syracuse, United States$771,00316
Safety management systems for autonomous aviation ecosystems are provided.
ctfo.com2000Haidian, China––
Smart transportation and security solutions for smart cities are provided.
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Detailed competitors of Altimate

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Web traffic of Altimate

Websites that share an audience with Altimate (altimate.ro).

Similar websites

Websites whose visitors overlap most with Altimate. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
epsicom.com
epsicom.com
100%
–#14,403,080–
sigtra.ro
sigtra.ro
95%
–#11,545,058–

Top companies in Smart Infrastructure & Cities

10 companies that operate in the same segment as Altimate (Smart Infrastructure & Cities), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Web3 infrastructure solutions are offered via a blockchain platform.
2021Palo Alto, California, United StatesUSD 336 M–186
Blockchain-based public network for financial industry is operated.
2018Brooklyn, New York, United StatesUSD 368 M–480
Facial recognition and AI video analysis solutions are provided.
2011Beijing, Beijing, ChinaUSD 1.98 B–413
Online platform for blockchain and smart contract cybersecurity
2017New York, New York, United StatesUSD 296.15 M–210
End-to-end energy management solutions are provided for utilities worldwide.
1896Zug, Zug, SwitzerlandUSD 1.03 BUSD 1.17 B6,300
Real-time, historical, and predictive traffic data solutions are provided.
2004Kirkland, Washington, United StatesUSD 143.1 M–126
App-based platform offering electric charge point locater services
2014Bristol, England, United KingdomUSD 16.42 M––
AI-enabled mobility-as-service platform is developed for transit operators.
2012Ness Ziona, Central District, IsraelUSD 131.5 M––
Provider of integrated security solutions for homes, businesses, and events
2020Bengaluru, Karnataka, IndiaUSD 12.21 MUSD 451.17 K149
An app-based platform for electric vehicle shuttle services is operated.
2011New York, New York, United StatesUSD 29.26 M––
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Related news about Altimate

Kontron is acquired by Altimate
Gospodarka β€’ 3 years ago
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Frequently Asked Questions about Altimate

Altimate was founded in 2014.

Altimate is headquartered in Bucharest, Romania.

Altimate is involved in the development and implementation of advanced technological solutions focused on intelligent transport systems for urban and interurban traffic management. The company also offers IT and communication solutions, including hardware and software services, to various sectors in Romania. Additionally, business intelligence and customer relationship management tools are provided to support client operations and decision-making processes. Solutions are tailored to enhance security, mobility, and communication for clients across multiple industries.

Altimate's top competitors include NoTraffic, Miovision and ResilienX.

Altimate offers Intelligent Transport Solutions, IT&C Solutions, and Business Intelligence Solutions.

Altimate has made 1 acquisition, including Codework.

Altimate has 1 investor. Key investors include Kontron.

Yes. Altimate was acquired by Kontron in September 2023.

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