Via Transportation Acquires Downtowner for Undisclosed Sum, Enhancing Public Transit Solutions.

Via Transportation has acquired Downtowner, a transportation technology company, for an undisclosed sum. The deal will expand Via's platform with a product and data for managing seasonal demand and operating in complex environments. Downtowner's experience and data will contribute to Via's AI solutions, including its AI for Cities product. Via shares were trading up 0.70% in pre-market activity.