Skip to main content

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.

For more information on companies in this article

Related Content

  • Looking forward to LA 2022
    December 9, 2021
    Next September, the 28th ITS World Congress will return to the US for the first time since 2014 – to Los Angeles, a city that embodies ‘Transformation by Transportation’
  • ITSA Detroit 2018: a must-attend transportation event!
    May 24, 2018
    The 2018 ITS America Annual Meeting Detroit, from 4-7 June, is the must-attend transportation technology event in North America this year. The theme of the meeting, “Transportation 2.0,” will be weaved throughout the three days of plenary sessions, demonstrations, and exhibits. Discussions will centre around the future of transportation, intelligent mobility, and managing risk. “Changes happening today will fundamentally affect how people interact with transportation in the months and years ahead,” said Sh
  • Drover AI raises $5.4m
    August 3, 2022
    Money will be used to scale delivery on existing orders and integrate new technology
  • IBTTA 2011 Annual Meeting highlights developing trends in tolling
    January 26, 2012
    Alain Estiot, chief meeting organiser of this year's IBTTA Annual Meeting and Exhibition, talks about hot topics for discussion. The IBTTA's 79th Annual Meeting and Exhibition, which takes place this year in Berlin in September, will once again take many of the developing trends from around the world and look at their effects on the tolling sector. Host organisation Toll Collect's Alain Estiot, chief meeting organiser, says that the event has to be viewed against a backdrop of major global change.