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 UTC

Related Content

  • November 8, 2012
    Telvent presents its integrated global IT solutions for smart cities
    Real-time IT solutions and information provider Telvent recently presented its global IT solutions for smart cities. Developed with Schneider Electric, Telvent says its SmartCity concept provides cities with access to an integrated suite of solutions to improve the efficiency and sustainability of urban infrastructures, leading to more livable cities. The SmartCity strategy combines Schneider Electric and Telvent’s proven solutions for managing critical infrastructure, including: Smart Grid helps cities to
    Read More
  • September 10, 2014
    Schneider Electric launches EcoTrafiX management solution
    Energy management specialist Schneider Electric has launched traffic management solution EcoTrafiX for cities and highways operators. EcoTrafiX is a suite of equipment, software and services that is designed to allow customers to predict and respond to road problems. Its component parts include Command TM, which commands real-time city and highway signals and devices; Expert TM, which encompasses several modules to optimise traffic; and Mobility TM, which enables collaboration on events between mu
    Read More
  • April 2, 2014
    Parsons acquires Delcan
    US-based transportation planning, engineering, and construction company Parsons has expanded its global transportation operations with the acquisition Delcan, an international multidisciplinary engineering, planning, management, and technology firm that provides a broad range of integrated systems and infrastructure solutions to the transportation market. Delcan is a strategic addition to Parsons and signals the firm’s intent to expand its geographic footprint in transportation, one of the corporation’
    Read More
  • June 23, 2015
    Sensys Traffic to acquire Gatso
    Sensys Traffic is to acquire Dutch enforcement company Gatso in a deal worth around US$33.9 million. Sensys’ acquisition of Gatso and the merger of the operations the two companies will create the largest supplier of traffic enforcement equipment with a strong presence in Europe, the Middle East, Asia and Australia, as well as the North American managed services market. The combined company will operate under the name Sensys Gatso Group, with an installed base of 18,000 systems and 202 employees. The
    Read More

Highlighted Content