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init
As one of the world's leading providers in the area of telematics and electronic payment systems on buses and trains, INIT helps transport companies to provide a more attractive, faster, more punctual and efficient public transport service. The quality offered by INIT is also convincing in the automotive industry. INIT on-board computers are now also used by renowned automobile manufacturers.
INIT GmbH was founded in 1983 by Dr Gottfried Greschner as a typical university spin-off. The company is based in Karlsruhe , Germany and has a subsidiary company in Chesapeake , USA – INIT Innovations in Transportation Inc. and branches in Great Britain , Spain and Scandinavia . The group holding company init innovation in traffic systems AG has been listed on the stock exchange since 2001. It was initially listed on the new market exchange and changed to the prime standard segment of the regulated market on January 1, 2003 .
CarMediaLab is the automotive subsidiary of the init group.