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

  • Toyota enters partnership to build HD maps for AVs from space
    May 3, 2019
    Toyota Research Institute-Advanced Development (TRI-AD), technology company Maxar Technologies and NTT Data are working together to build high-definition (HD) maps for autonomous vehicles (AV) using satellite imagery. TRI-AD carried out an analysis, saying that current HD maps cover less than 1% of the global road network and there is a need to broaden the coverage of urban areas and local roads before AVs can become a mainstream mobility technology. A HD map created from satellite imagery would all
    Read More
  • Lecip Holdings Corporation acquires Arcontia International
    August 23, 2013
    Arcontia International, Swedish producer of contactless smart card products and solutions for automatic fare collection (AFC) has been acquired by Lecip Holdings Corporation, a Japan-based manufacturer of products and solutions for the bus, train and automotive industry. The acquisition will enable Lecip to expand its range of public transport products and solutions and further strengthen its strategy to become a leading supplier in integrated AFC systems and Intelligent Transportation Systems (ITS).
    Read More
  • Investing in ITS: Show us the money
    April 8, 2022
    The ITS industry is currently attracting a lot of interest from private equity and venture capital providers. Adam Hill asks some of the people who have their eyes on the market what makes it such a good bet
    Read More
  • Here’s HD AV map prepared for 5G
    June 17, 2019
    The emergence of 5G may not be necessary to provide a high-definition map for autonomous driving, says Matt Preyss from Here Technologies. Ben Spencer asks why 5G is a hot topic worldwide, with the potential for faster transfer of information eagerly awaited by those convinced that it will be a game-changer for the ITS industry. High-definition (HD) maps are essential to allow autonomous vehicles (AVs) to understand their environment, and operate safely within it in relation to other road users and p
    Read More

Highlighted Content