financetom
Business
financetom
/
Business
/
IPS Acquires Populus, Expanding Smart Mobility and Transportation Solutions
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
IPS Acquires Populus, Expanding Smart Mobility and Transportation Solutions
Nov 4, 2025 7:35 AM

SAN DIEGO, Nov. 4, 2025 /PRNewswire/ -- IPS Group, Inc.(ipsgroupinc.com), a leader in smart parking and curb management solutions, today announced the acquisition of Populus Technologies, Inc. (populus.ai), a pioneering provider of transportation data and global leader in mobility and curb management solutions.

This strategic move strengthens IPS's ability to provide cities with the most comprehensive set of smart mobility and curb management tools available. The integration of Populus' curb and mobility management software with IPS's smart parking, payments, and enforcement technologies will empower municipalities, universities, and private operators with richer data insights to make better data-driven decisions.

Regina Clewlow, CEO & Co-Founder of Populus Technologies, Inc., said the acquisition, "unlocks a tremendous opportunity to help cities and operators bring parking and mobility management into the digital era." She added, "Together, we'll provide the tools needed to optimize efficiency, improve decision-making, and support smarter, more sustainable transportation systems."

Chad Randall, CEO of IPS Group, Inc., expressed similar enthusiasm, noting that, "the acquisition of Populus represents an exciting milestone in our journey to expand IPS's smart curb management ecosystem." He continued, "By combining our decades of expertise in parking technologies with Populus' cutting-edge mobility and curb management platform, we are uniquely positioned to help our current and future clients gain better insights into data trends and elevate decision-making processes to navigate the future of transportation."

The combined solutions will help municipalities, transportation agencies, universities, and private operators gain deeper insights into all parking operations to achieve smarter planning, optimize operations, and improve the quality of mobility and urban life worldwide.

About IPS Group, Inc.

IPS Group, Inc. is headquartered in San Diego, CA, with offices in Canada and Europe. Since 2000, IPS has led the way, launching the world's first smart parking meter in 2005 and growing into a fully integrated smart parking ecosystem that unifies hardware, software, data, and services into a platform that puts clients first. Learn more at ipsgroupinc.com.

About Populus Technologies, Inc.

Populus Technologies, Inc. helps city departments of transportation and parking authorities transform urban mobility by effectively managing ever-growing connected vehicle fleets and congestion in the public right-of-way. The Populus platform is the only comprehensive solution that helps cities code their curbs, aggregate parking data, and deploy digital smart zones to improve curbside management. Our first-of-its-kind GPS-enabled parking technology enables commercial fleets to pay for curbside usage through safe, frictionless payments. Populus is a trusted partner of over 100 cities around the world. Learn more at populus.ai.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ips-acquires-populus-expanding-smart-mobility-and-transportation-solutions-302603244.html

SOURCE IPS Group, Inc.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Uvalde, Texas to pay $2 million to families of school shooting victims
Uvalde, Texas to pay $2 million to families of school shooting victims
May 22, 2024
May 22 (Reuters) - The city of Uvalde has reached a $2 million settlement with families of the victims of a 2022 mass shooting at a public school in the Texas city, one of their lawyers said on Wednesday, ahead of the second anniversary of the massacre. In one of the deadliest school shootings in U.S. history, 19 children and...
US business equipment borrowings up 17% in April, ELFA says
US business equipment borrowings up 17% in April, ELFA says
May 22, 2024
May 22 (Reuters) - U.S. companies borrowed 17% more to finance equipment investments in April compared to a year ago, industry body Equipment Leasing and Finance Association (ELFA) said on Wednesday. Companies signed up for new loans, leases and lines of credit worth $11 billion in April, up 18% from a month ago. Originations had double-digit growth both year over...
Petrobras to No Longer Divest from Gas Unit Following Renegotiation With Brazil's Antitrust Regulator
Petrobras to No Longer Divest from Gas Unit Following Renegotiation With Brazil's Antitrust Regulator
May 22, 2024
03:08 PM EDT, 05/22/2024 (MT Newswires) -- Petrobras (PBR) said Wednesday that Brazil's national competition regulator agreed to renegotiate its gas market agreement from 2019. The company had agreed to sell its stakes in several gas companies, but said faced obstacles in the divestment of Transportadora Brasileira Gasoduto Bolivia-Brasil S.A - TBG. The company said it had reconsidered its divestment...
Update: Market Chatter: Kinder Morgan Acquires Texas Oilfield for $100 Million
Update: Market Chatter: Kinder Morgan Acquires Texas Oilfield for $100 Million
May 22, 2024
03:04 PM EDT, 05/22/2024 (MT Newswires) -- (Updates with Kinder Morgan ( KMI ) declines to comment in the fourth paragraph.) Kinder Morgan ( KMI ) acquired oil and gas producing assets in West Texas from Avad Energy Partners for $100 million, Reuters reported Wednesday, citing people familiar with the matter. The transaction includes 265 wells, according to Avad marketing...
Copyright 2023-2026 - www.financetom.com All Rights Reserved