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Teralytics Acquires Streetlytics Mobility Data Business from Bentley Systems.

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MANews-(C)2009-2022

Switzerland-based human mobility analysis platform Teralytics has acquired the Streetlytics mobility data business from infrastructure engineering software company Bentley Systems (NASDAQ: BSY), the firm said.

Streetlytics' team of mobility data analytics experts, led by industry veteran Michael Clarke, will boost Teralytics' capabilities and grow their presence in the North American market.

Clarke, previously president and CEO of Citilabs, will join Teralytics in the newly appointed role of president, reporting directly to Teralytics' CEO, David Reed.

Bentley has partnered with Teralytics to leverage the company's data services for Bentley's mobility simulation solutions, which support transportation planners and engineers around the globe.

As part of the transaction, Bentley is investing in Teralytics and will join its board of directors. Teralytics' existing investors are also taking part in the round.

Streetlytics delivers mobility analytics for audience measurement across the out-of-home advertising industry in the United States and Canada, as well as to experts in...

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