Urbiotica acquires Fastprk
By acquiring the Fastprk solution from Worldsensing, Urbiotica becomes the leader in the Smart Parking market with more than 50,000 parking sensors deployed in 45 countries. We continue our process of constant growth and innovation to offer our clients the most advanced solutions in the market.
Urbiotica is now the leader in the outdoor smart parking sector
The acquisition of Fastprk completes Urbiotica’s portfolio of smart parking solutions, strengthening its leadership position in the sector and opening up new opportunities to penetrate new markets thanks to the complementarity that Fastprk’s technology offers with its dual detection and LoRa communication protocol.
Nowadays, Urbiotica provides the widest range of intelligent outdoor parking solutions.
Fastprk DUO combines magnetic and infrared detection and transmits the occupancy information to the cloud using the LoRa protocol.
Urbiotica offers a wide range of solutions to cover the entire spectrum of current needs in terms of parking management and parking control.
Fastprk already brings improvements in parking management and mobility with projects running in Europe, the USA and in the Middle East.
Urbiotica purchases Fastprk smart parking business line from Worldsensing
CEO URBIOTICA – Josep María Torras
“The acquisition of a prestigious brand like Fastprk enables us to accelerate the growth of our company and ensures mid-term profitability thanks to the critical mass Fastprk adds to our offering. Moreover, it provides us with direct access to new customer segments within the USA and Poland where Fastprk already has a strong footprint.”
CEO WORLDSENSING – Ignasi Vilajosana
“As a company, we see that it is more and more necessary to concentrate on Loadsensing, which represents our core business. Fastprk was the first brand we successfully launched and established in the market for which we frequently received buying offers over the years. The decision to pass the torch on to Urbiotica is driven by the company’s capacity to continue providing outstanding service to our customers. Besides having known each other for a long time and trusting each other, I also want to highlight that we chose Urbiotica because they are smart parking pros and because we know that they will continue making Fastprk better and will keep our purpose to continuously innovate alive.”