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March 7, 2007 10:41 AM

Inrix a possible acquisition target?

Posted by Tricia Duryee

The biggest competitor to Kirkland-based Inrix, which uses road censors and car locators to predict traffic patterns, was officially acquired today by Navteq, a provider of digital maps.

Navteq said it paid $177 million for Traffic.com, which also provides traffic information. The acquisition is pending approval by stockholders of Traffic.com.

Previously, Inrix commissioned a study by Frost & Sullivan to determine whether Traffic.com or Inrix provided more accurate traffic data.

Inrix said the study concluded that Inrix was the leading provider of real-time traffic information in the U.S.

If that's the case, it makes me wonder whether that make Inrix as a likely acquisition target.

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