Iteris Buys Hamilton Signal Assets

Iteris Inc., which makes lane-departure warning systems for the trucking industry, said Tuesday it acquired assets from Hamilton Signal including its Abacus system. Terms were not disclosed.

The founder of Hamilton Signal, Daniel Benhammou, will join Iteris as Abacus product manager, Iteris said in a statement.

The Abacus system’s proprietary technology provides departments of transportation and traffic engineers a cost effective tool to collect traffic data, rapidly identify incidents, and gain access to additional traffic flow information by leveraging their existing video surveillance infrastructure.

Hamilton Signal enables state and local governments to conduct real-time analysis on fixed and camera feeds.