Almaviva, a private Italian digital innovation group, has agreed to purchase Iteris Inc., the world's trusted technology ecosystem for smart mobility infrastructure management, for $335 million. Rome-based Almaviva was advised by King & Spalding partners Enrico Granata and Robert Leclerc, as well as Legance - Avvocati Associati and Linklaters. Iteris, which is based in Austin, Texas, was represented by a Latham & Watkins team including partners Brian Duff, Daniel Rees and Steven Stokdyk.
Transportation & Logistics
August 12, 2024, 2:18 PM