Parkeon and Cale to form parking services and urban mobility company

Parkeon has reached an agreement with Sweden-based Cale to establish a new umbrella organisation in parking services and urban mobility. The transaction aims to provide additional resources for research and development (R&D) as well as create a worldwide client base.
January 30, 2018 Read time: 2 mins
251 Parkeon has reached an agreement with Sweden-based Cale to establish a new umbrella organisation in parking services and urban mobility. The transaction aims to provide additional resources for research and development (R&D) as well as create a worldwide client base.


The new organization will consist of 500 R&D engineers along with a significant increase in capacity for the development of hardware, software, sensor systems, machine-learning and AI, business Intelligence, Information Security, UI/UX design and mobile development.

Danny Hassett, Parkeon’s Regional Parking Director in the UK, will take over responsibility for the Cale business in the UK and confirmed that both brands will continue as separate entities in the parking services market place.

Hassett, said: “For customers of Parkeon and Cale, it will be very much business as usual in terms of customer service and product line-up,” he said. “What customers will see over time is accelerated innovation in parking and payment-related systems as the company leverages the expertise of its enhanced design and R&D resources. There will also be a combined presence at key industry events and exhibitions.”

“This will help create ‘smarter’ urban areas by developing digital technologies that optimise the value of parking systems, providing benefit to towns and cities, parking operators and end users across the UK,” added Hassett.

Parking & Access Control

For more information on companies in this article

Related Content

  • Autopilot highlights shape of Things
    March 30, 2020
    Driverless vehicles require rich data to operate safely, and a European consortium is harnessing the Internet of Things to help.
    Read More
  • Euromed countries warm to Galileo’s services
    June 6, 2014
    The EU is helping countries in North Africa and the Middle East utilise Galileo’s services. With its Galileo constellation rapidly taking shape, the European Union has opened lines of communication with countries in North Africa and the Middle East with a view to assisting their governments and businesses to utilise the satellite services that extend across the Mediterranean. The services available to countries are provided through the European Global Navigational Satellite System (E-GNSS), which includes a
    Read More
  • Real-time Ubuntu offers low latency
    February 22, 2023
    Canonical's open-source software OS is designed for applications such as C/AVs
    Read More
  • Siemens announces TfL deal
    March 21, 2018
    Siemens has announced a deal with Transport for London (TfL) which will see the German company create a real-time optimiser (RTO) for traffic control in the UK capital. Markus Schlitt, CEO of intelligent traffic systems at Siemens, said: “We are developing the most modern adaptive traffic control system on Earth.” The RTO will sit in London’s Surface Intelligent Transport System (SITS) and will help “really make London a much more liveable city”, Schlitt added. It is designed to optimise traffic signals b
    Read More

Highlighted Content