Acton Purchase Offers Cities End-To-End Solutions
Harjumaa, Estonia
A fusion of two micromobility companies in the US and Estonia is poised to provide cities with end-to-end mobility ecosystems.
Silicon Valley company Acton, which provides hardware and software for micromobility fleets, has announced it is purchasing Duckt, an Estonian start-up producing docking and charging infrastructure.
Acton has issued a statement saying the acquisition aims to create “end-to-end micromobility solutions for cities, companies and micro-modal operators that include e-vehicles, charging, docking and cloud-based software infrastructure”.
By combining two leaders in their respective fields, “electric vehicles and IoT software, ACTON can deliver a fully integrated turnkey offering that allows cities, companies and operators across the globe to deploy micromobility solutions seamlessly at mass-scale”.
“To make micromobility a centrepiece of sustainable and intelligent urban transportation systems, better organise public spaces and increase consumer safety, cities need the infrastructure to address the growing influx of new e-fleets on the streets,” according to the statement from the Silicon Valley company.
“This includes precision vehicle tracking, connected networks for e-bike and e-scooter charging, along with the necessary parking infrastructure.
Acton co-founder and CEO Janelle Wang said: “Duckt has built a solution that solves one of the biggest challenges facing micromobility today – building smart parking and charging networks.
“Combining our intelligent e-vehicle technology with their infrastructure in a single, connected platform puts us in a unique position in the market. ACTON can deliver its B2B and B2G customers a sustainable, turnkey MaaS solution that is unrivalled in terms of quality, flexibility and level of integration. Our growth opportunities are virtually limitless.”
Duckt’s co-founder and CEO: Cagri Selcuklu said the companies had enormous synergies in their portfolios and becoming part of Acton gave the combined business substantial geographical reach.
It followed seven years of collaboration with Acton on a number of joint projects
Between them, the companies have implemented projects in more than 100 cities throughout the world.