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

  • Getting to the point
    September 4, 2018
    Cars are starting to learn to understand the language of pointing – something that our closest relative, the chimpanzee, cannot do. And such image recognition technology has profound mobility implications, says Nils Lenke Pointing at objects – be it with language, using gaze, gestures or eyes only – is a very human ability. However, recent advances in technology have enabled smart, multimodal assistants - including those found in cars - to action similar pointing capabilities and replicate these human qual
    Read More
  • Siemens offers Stamford a ‘bird’s eye view’
    April 29, 2019
    Stamford, Connecticut is a vibrant, diverse community overlooking the Long Island Sound, within commuting distance of New York City. Stamford hosts the largest financial district in the greater New York metro area outside of Manhattan and is home to a high concentration of large corporations and corporate HQs. With a population of 130,000, Stamford is Connecticut’s third largest city and the fastest-growing municipality in the state. Like many US cities, Stamford had previously relied on an antiquated traf
    Read More
  • Dott and Tier announce merger - but will keep own brands
    January 11, 2024
    Companies operate primarily in Europe and have combined revenues of €250m
    Read More
  • The ice man cometh
    August 7, 2018
    Extreme meteorological events have captured global headlines in recent years. Adam Hill talks to Vaisala’s Mark DeVries about what that means for transportation companies trying to keep roads clear. Extreme meteorological events have captured global headlines in recent years. Adam Hill talks to Vaisala’s Mark DeVries about what that means for transportation companies trying to keep roads clear
    Read More

Highlighted Content