Sale of voting software subsidiary
Berlin/Aachen, 19 May 2020 | Berlin-based company IVU Traffic Technologies AG has found a new home for its subsidiary IVU.elect. This will enable the Berlin IT specialist to concentrate more on its core business with integrated IT solutions for the public transport sector. The buyer of IVU.elect GmbH is vote iT GmbH, an IT service provider that specialises in elections.
As an expert in rostering, optimising and managing buses and trains, IVU helps leading transport operators and railway companies around the world to get the most out of their operational resources with its products IVU.suite and IVU.rail. With IVU.elect, IVU has also been developing a powerful software for efficient organisation and holding of elections since 2002. This software is now used by numerous electoral authorities at federal and state level and in municipalities. The system most recently supported the Bavarian local elections in March.
After the disincorporation of IVU.elect GmbH over the past year, the Aachen-based IT service provider vote iT GmbH has now taken over all shares and employees from IVU Traffic Technologies AG. A contract to this effect has been signed today by both companies in Aachen. The parties have agreed to not disclose the purchase price.
“We are delighted to have gained vote iT as a strong partner with extensive expertise in organising and holding elections,” says Sven Eulitz, Managing Director of IVU.elect GmbH. “This means that in the future we will have the resources of an established system supplier for public administrations and will be able to create a solid basis for the long-term development of our system.”
“I am very proud of how IVU.elect has developed since its first deployment at the parliamentary elections in 2002,” says Leon Struijk, CCO of IVU Traffic Technologies. “It is now time to give the software – and our customers – a suitable new home. I am convinced that vote iT offers the right framework to facilitate the successful further development of IVU.elect. I would like to thank the employees who have been involved with this software over the years and wish them all the best for the future.”
“IVU.elect is the perfect addition to our product portfolio. It will help us to further establish our strong position on the market,” says Andreas Poppenborg, Managing Director of vote iT. “The vote manager is a leading solution for organising and holding elections that is already being used by over 2,200 authorities across Germany. Together with IVU.elect, we can now offer our customers appropriate solutions from a single source to enable an efficient and reliable voting procedure.”
