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Be-Mobile, the Belgian market leader in the smart mobility sector, has acquired all of the share capital of its French sector partner Mediamobile. With Proximus and Be-Mobile’s own management as the main shareholders, the acquisition process was fully financed with Be-Mobile’s own resources.
Be-Mobile & Mediamobile: An Insight
Be-Mobile is a pioneer for monitoring and controlling traffic flows, intelligent toll collection, parking and public transport through 4411 (service payment via smartphone) and also owns the popular Dutch app Flitsmeister. It also partners with Proximus in the domain of smart mobility solutions and has integrated its mobility budget tool in Proximus’ new workplace solution. The company has contributed significantly in smart mobility solutions offered to the professional market, smart cities, event companies and logistics firms.
Some of the major achievements of Be-Mobile include the introduction of so-called C-ITS (Cooperative ITS) applications to bring real-time information about traffic lights, speed advice and warnings for approaching ambulances in real time to the dashboard of the vehicle.
A subsidiary of French group TDF, Mediamobile offers real-time traffic information for car navigation systems of automobile giants like Renault, Volvo, BMW, Volkswagen and Toyota.
Notably, the combined turnover of Be-Mobile and Mediamobile was €40 million in 2017.
The future of the acquisition
This acquisition is a positive sign for Be-Mobile to deliver a neutral platform for road authorities to eventually guide autonomous vehicles over their road network. It also establishes the company’s ambition of expansion. Already a market leader in the field of ‘smart mobility’, it will be an integral step in enhancing and furthering its existing technological services to road managers, public transport companies, navigation players, car manufacturers and logistics services providers.
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