Kapsch TrafficCom acquires Schneider Electric transportation business

Kapsch TrafficCom has announced its acquisition of Schneider Electric’s transportation business, provider of real-time IT solutions and best-in-class intelligent transportation systems complementary to those provided by Kapsch. The acquisition expands the Kapsch portfolio and strengthens its market position in intelligent transportation systems, especially in the growth markets of Spain, Latin America, North America and the Middle East. The full integration of Schneider into the Kapsch business is expect
April 5, 2016 Read time: 2 mins
4984 Kapsch TrafficCom has announced its acquisition of 729 Schneider Electric’s transportation business, provider of real-time IT solutions and best-in-class intelligent transportation systems complementary to those provided by Kapsch.

The acquisition expands the Kapsch portfolio and strengthens its market position in intelligent transportation systems, especially in the growth markets of Spain, Latin America, North America and the Middle East. The full integration of Schneider into the Kapsch business is expected to take about 18 months.

According to Georg Kapsch, CEO of Kapsch TrafficCom, “Urbanisation is an accelerating megatrend that demands for innovative action. Our new integrated traffic management portfolio will make both urban and highway transportation safer, more efficient and more environmentally friendly by improving traffic flow and providing real-time data to motorists.”

He added that Kapsch believes that the combined companies will be a major contribution to resolve the embedded operating challenges for municipalities around the globe. “Schneider Electric and Kapsch will continue to maximise business opportunities in the Smart Cities arena”, says Mike Hughes, EVP Strategic Customers & Segments for Schneider Electric.

Kapsch will expand its expertise in traffic management solutions by integrating Schneider’s EcoTrafix a comprehensive solution for real-time traffic management in cities into the existing portfolio. The system is used for improving traffic conditions and access corridors as well as for providing real-time traffic information services to road users. Kapsch believes that EcoTrafix is a perfect addition to DYNAC, its advanced traffic management system (ATMS). DYNAC is mainly used on highways and long distance roads. The high performance, integrated software suite, is designed to monitor and control traffic on roads and tunnels.

Further, Georg Kapsch adds;”This acquisition perfectly matches our Strategy 2020 of enabling exceptional user experience through intelligent mobility solutions from the highway to the city.” The broadening of the domain knowledge allows Kapsch to make transport safer, more efficient and more environmentally friendly.

Detection, Monitoring & Machine Vision Charging, Tolling & RUC

For more information on companies in this article

Related Content

  • Shailen Bhatt appointed ITS America President & CEO
    October 27, 2017
    The Board of directors of the Intelligent Transportation Society of America has chosen Shailen Bhatt as president & chief executive officer. Bhatt joins ITS America with an extensive background in promoting and advocating for intelligent transportation and was most recently executive director of Colorado Department of Transportation. Bhatt also focused on deploying transportation technology, creating the RoadX program and making Colorado a national innovation leader.
    Read More
  • Jenoptik growth remains on track
    August 10, 2016
    The Jenoptik Group ended the first half of 2016 with strong performance in terms of revenue, earnings and cash flow. The Group’s revenue rose by 3.4 per cent to US$364 million (€326.8 million, up from the previous year’s US$352 million (€ 316.1 million). This was also the highest revenue posted by the company for a first half-year in recent years. In addition, development of business in the previous year was influenced by positive currency effects. A major contributor to growth was the increased demand
    Read More
  • Seminar urges the use of smart road technologies in Oman
    May 24, 2013
    The recent Smart Road Technologies seminar in Oman discussed the development of transportation systems, not just the construction of new roads or infrastructure renovation, but also the use of information technology to link elements within the road system - vehicles, roads, traffic lights, message signs, among others – using intelligent technology to enable them to communicate with each other via wireless technologies. The seminar was held as part of the Digital Nation series of seminars organised by Knowle
    Read More
  • Mileage based charging offers secure future for funding
    August 10, 2016
    HNTB’s Matthew Click sets out why a move to mileage-based pricing is inevitable. Infrastructure is the most neglected yet the most critical engine of our society, and our continued indifference could lead to a dystopian future. Our roads, bridges and highways have been largely passed by in the digital age—marginalised in an era when funding is limited and stewardship of physical assets has given way to our preoccupation with technological innovation and data—the stuff of the virtual realm.
    Read More

Highlighted Content