Bentley Systems is on a roll. The company recently announced the acquisition of INRO, developer of multimodal transportation planning, traffic simulation and mobility visualization software, based in Montreal, Canada. INRO is Bentley’s third acquisition of the year. Terms of the INRO acquisition were not announced.
The news comes on the heels of an even bigger acquisition in multimodal transportation simulation and planning: the $100 million acquisition of Remix by Via, which was announced in March.
INRO was founded by Michael Florian back in 1976. Florian has quite an impressive resume. He holds a Doctor of Engineering Science in Operations Research from Columbia University with specialization in network modeling and optimization methods used in transportation planning.
Florian, who founded the Center for Transportation Research in Montreal in 1973, is also Professor Emeritus at the Transportation Research Center and the Department of Computer Science and Operations Research at the University of Montreal. He’s also published more than 150 articles in scientific journals on transportation and operations research and has received many awards.
The extent of Florian’s knowledge in the transportation industry and having customers in more than 80 countries says a lot about INRO, and it’s no wonder that Bentley acquired the company.
As far as we’re concerned, this is a score for Bentley and its user base. Florian seems to think his company is in good…