10-13-2023News

Heuking advises founder of myBus on takeover by Vix Technology

A team led by Dr. Jörg Schewe, Partner at Heuking in the Hamburg office, advised the founder and majority shareholder of the myBus Group, Malte Metzing, on the sale of his company to Vix Technology.

myBus is known for its state-of-the-art fleet management and passenger information system for local public transport as well as its cloud-based ticketing solution.

Vix Technology is a global leader in intelligent transportation systems, delivering innovative solutions that improve accessibility, efficiency and the overall rider experience. With customers in 200 cities, Vix Technology pursues its commitment to improving public transport networks for the benefit of passengers worldwide.

The cloud-based CAD/AVL solution of myBus, combined with the latest hardware and Vix Technology's expertise in data management and operational technology, can enable to develop an end-to-end ITS solution for authorities and operators.

The acquisition of myBus by Vix Technology represents a compelling step forward in the world of intelligent transport systems, as the combined capabilities of both companies will create a new standard for cloudnative ITS solutions for public transport.

Advisor myBus GmbH / Malte Metzing
Heuking Kühn Lüer Wojtek:

Dr. Jörg Schewe (M&A / Corporate Law, Lead Partner),
Dr. Henrik Lay (Tax Law),
Caroline Frohnwieser (M&A / Corporate Law),
Simon Pommer, LL.M. (Tax Law), all Hamburg,
Dr. Lutz Martin Keppeler (Information Technology & Telecommunications), Cologne

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