The acquisition of US advanced traffic management software and systems integration company Transdyn, well-known for its Dynac advanced traffic management software, enables Kapsch TrafficCom to offer an extended end-to-end product and solution portfolio for intelligent transportation systems (ITS) to its current and future customers around the globe. The purchase price is US$16 million.
Kapsch TrafficCom says it is now positioned to offer one a broad portfolio of intelligent transportation solutions to co
The acquisition of US advanced traffic management software and systems integration company 5683 Transdyn, well-known for its Dynac advanced traffic management software, enables 4984 Kapsch TrafficCom to offer an extended end-to-end product and solution portfolio for intelligent transportation systems (ITS) to its current and future customers around the globe. The purchase price is US$16 million.
Kapsch TrafficCom says it is now positioned to offer one a broad portfolio of intelligent transportation solutions to complement its position in delivering electronic tolling solutions to its customers. Kapsch has installed and runs a large number of electronic toll collection (ETC) systems for multi-lane free-flow traffic (or open road tolling) around the globe. Transdyn is an established systems integrator offering innovative ITS solutions to customers that enable them to safely and securely manage and control vital facilities and processes, including highways, bridges, and tunnels.
“Transdyn and Kapsch are a perfect match,” said Georg Kapsch, CEO, Kapsch TrafficCom Group. “The current customer trend clearly shows the desire for a converged tolling and traffic management offering. Together, we can respond to market requests in a holistic approach and Kapsch will further extend its portfolio and reinforce its position as an end-to-end solutions provider.”
“We look forward to the potential growth opportunities ahead of us,” said Mark Thompson, president, Transdyn. “Transdyn has a robust set of products and services, and this transaction enables us to extend this base into new international markets. Kapsch has a breadth of global industry knowledge and a distribution network to deliver Transdyn solutions globally.”
“We are bringing together a global leader in ETC and ITS with a leader in advanced traffic management solutions and system integration,” said Chris Murray, president and CEO, Kapsch TrafficCom North America. “This ensures that we will continue to develop and deliver innovative solutions to meet the evolving needs of our customers around the world.”
Kapsch TrafficCom says it is now positioned to offer one a broad portfolio of intelligent transportation solutions to complement its position in delivering electronic tolling solutions to its customers. Kapsch has installed and runs a large number of electronic toll collection (ETC) systems for multi-lane free-flow traffic (or open road tolling) around the globe. Transdyn is an established systems integrator offering innovative ITS solutions to customers that enable them to safely and securely manage and control vital facilities and processes, including highways, bridges, and tunnels.
“Transdyn and Kapsch are a perfect match,” said Georg Kapsch, CEO, Kapsch TrafficCom Group. “The current customer trend clearly shows the desire for a converged tolling and traffic management offering. Together, we can respond to market requests in a holistic approach and Kapsch will further extend its portfolio and reinforce its position as an end-to-end solutions provider.”
“We look forward to the potential growth opportunities ahead of us,” said Mark Thompson, president, Transdyn. “Transdyn has a robust set of products and services, and this transaction enables us to extend this base into new international markets. Kapsch has a breadth of global industry knowledge and a distribution network to deliver Transdyn solutions globally.”
“We are bringing together a global leader in ETC and ITS with a leader in advanced traffic management solutions and system integration,” said Chris Murray, president and CEO, Kapsch TrafficCom North America. “This ensures that we will continue to develop and deliver innovative solutions to meet the evolving needs of our customers around the world.”
