Kapsch TrafficCom to acquire Schneider Electric transportation business

Kapsch TrafficCom has reached an agreement with Schneider Electric to acquire its global transportation business. Formerly operating as Telvent Tráfico y Transporte, the business offers an industry portfolio of integrated advanced traffic management software (ATMS) solutions for urban, highway and tunnel applications as well as tolling and transit solutions. This acquisition will enable Kapsch TrafficCom to offer its current and future customers around the globe an integrated portfolio of intelligent tr
December 14, 2015 Read time: 2 mins
4984 Kapsch TrafficCom has reached an agreement with 729 Schneider Electric to acquire its global transportation business.

Formerly operating as 134 Telvent Tráfico y Transporte, the business offers an industry portfolio of integrated advanced traffic management software (ATMS) solutions for urban, highway and tunnel applications as well as tolling and transit solutions. This acquisition will enable Kapsch TrafficCom to offer its current and future customers around the globe an integrated portfolio of intelligent transportation systems extending from the highway to the city.
 
With 2014 revenues of US$147 million, Schneider’s contribution will further grow Kapsch TrafficCom’s business and strengthen its intelligent mobility solutions (IMS) strategy as outlined in its recently announced Strategy 2020. Schneider also complements and expands Kapsch’s global footprint in important growth markets in Spain, Latin America, the U.S.A. as well as the Middle East.
 
The terms of the agreement reflect a purchase price of US$38 million on a cash free debt free basis. The agreement is conditioned upon the satisfaction of certain regulatory conditions and on other customary closing conditions. The transaction is expected to be closed in the coming months.

“Cities are increasingly looking for innovative solutions to solve the challenges of congestion, pollution, aging infrastructure, limited funding and constrained capacity,” said Georg Kapsch, CEO, Kapsch TrafficCom Group. “Schneider’s EcoTrafix software suite extends our already robust solution portfolio enabling Kapsch to offer an Integrated Mobility Management solution to authorities within and across a metro area to optimise use of multi-modal transportation assets and enable exceptional user experiences.”

Charging, Tolling & RUC Urban Traffic Control

For more information on companies in this article

Related Content

  • Kapsch TrafficCom scoops Australian toll tag order
    October 12, 2016
    Kapsch TrafficCom subsidiary Kapsch TrafficCom Australia has reached agreement with Roads and Maritime Services (RMS) in New South Wales for the supply of electronic toll transponders under a two-year framework agreement, with options for two plus one extension. Kapsch will deliver its latest tolling transponder technology, the TRP 4010 transponder, which fulfils all CEN performance requirements and is suitable for demanding applications including high-speed multi-lane free-flow and congested and stop-an
    Read More
  • Qatar invests $70 billion to pave the way to world beating transportation
    July 26, 2013
    Eng. Zeina Nazer looks at what Qatar’s recently-announced investment in transport infrastructure will mean on the ground. Qatar is experiencing a rapid economic and industrial growth. This growth is characterised by a rapid population increase and by the urgent need towards the development of both infrastructure projects and major transport projects. In order to handle this rate of development within Qatar, Public Works Authority (Ashghal) is developing a fully-integrated multimodal transportation system in
    Read More
  • Schneider Electric to focus on arterial management systems
    April 16, 2013
    Schneider Electric will use the ITS America Annual Meeting to highlight its Integrated Transportation Management which it says is a unique solution that improves mobility through efficient operation of the transportation network and city resources. This provides the comprehensive structure necessary to foster information-sharing and coordination across multiple government agencies. The solution is part of Schneider Electric’s complete suite of SmartCity and SmartMobility solutions that promote more efficien
    Read More
  • SmartCity US example from Schneider Electric
    April 22, 2013
    In less than 40 years, 70 per cent of the world’s populations will live and breathe in our cities, pushing the world’s cities to their breaking point due to the rapid growth. The question is, can this growth be constructed in a sustainable way? Can the carbon footprint and overall environmental impact be reduced along the way
    Read More

Highlighted Content