ICM Mobility Group has acquired Unwire, a Danish firm specialising in mobile mobility and payment solutions.
Financial details of the deal have not been disclosed.
Set up in Copenhagen in 2001, Unwire has implemented mobile mobility and payment solutions for transit agencies across the world, including for projects in Dallas and Phoenix, in partnership with other ICM Mobility Group companies.
Unwire’s white-label mobility platform is a Mobility as a Service (MaaS) solution.
Its solution aggregates a range of mobility services, right from conventional mass transit to micromobility, paratransit, rideshare and other multimodal options.
It provides passengers with extensive planning features, including a multimodal trip planner with complete integration to on-demand microtransit booking and scheduling systems.
Furthermore, its solution allows users to seamlessly plan, book, and pay for their multimodal journeys.
Following this deal, Unwire will retain its brand and independence, while standing to benefit from other ICM Mobility Group companies including Vix Technology, Kuba, Snapper and Littlepay.
These solutions along with Unwire’s solution are expected to deliver full solutions for transport operators across the world.
ICM Mobility Group companies receives financial support of globally diversified investment fund manager ICM Limited. The group employs more than 1,000 people in 20 countries.
ICM Mobility Group chairman Steve Gallagher said: “Having already worked closely together on projects such as the award winning GoPass application for DART in Dallas, Texas, Unwire is a proven cultural fit for us.
“Within our group, each company is empowered to share industry experience, knowledge and market understanding to drive innovation and new services. Unwire’s expertise in building gateways, APIs and backend integrations to infrastructure in banks, payment processors and transportation operators will prove invaluable to our customers across the globe.”
Unwire CEO Jesper Thor Rasmussen said: “Joining the ICM Mobility Group will allow us to deliver our innovative solutions to a broader number of agencies and develop an even better platform for a wider audience. This will strengthen Unwire’s goal to support cities in becoming more sustainable and make public transit the easy choice. We look forward to developing new ideas and solutions as well as building on combined experiences to add even more value to what we can offer.”