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

  • Cubic acquires Gridsmart to expand intelligent traffic management portfolio
    January 4, 2019
    Cubic has acquired US technology company Gridsmart Technologies in an $87 million deal and will use its video tracking solution to help reduce congestion. Gridsmart’s Bell Camera offers horizon to horizon tracking with a fisheye lens for intersection actuation, data collection and situational awareness. The solution is also expected to track vehicle trajectory from approach through the centre of the intersection to exit. The acquisition will also help advance Cubic’s NextCity vision of creating a smarte
    Read More
  • UK council ‘budget cuts’ halt development of EV charging
    March 18, 2019
    More than 100 UK local authorities say they have no plans to increase their number of electric vehicle (EV) charging points. These findings have been revealed from freedom of information (FoI) requests submitted by the Liberal Democrats and shared with The Guardian newspaper. According to the report, Ed Davey, the Liberal Democrat former energy and climate change secretary, says the lack of investment in charging points is due to “cuts to council budgets”. “Unless there is urgent action to tackle our out
    Read More
  • Qatar QMIC awarded at Gulf Traffic
    December 13, 2013
    The Qatar Mobility Innovations Centre (QMIC) at the Qatar Science and Technology Park scooped two prestigious awards including the Innovation in Traffic Management award, and the Road Transport Technology award at this year’s Gulf Traffic exhibition and conference for its Masarak iTraffic system. Masarak is an intelligent platform and integrated suite of services developed by QMIC in partnership with the Ministry of Municipality and Urban Planning in Qatar. Masarak’s iTraffic system is a comprehensive so
    Read More
  • West Virginia opts for Open Roads video analytics
    January 14, 2014
    West Virginia’s Department of Highways (WVDOH) has awarded intelligent transportation systems (ITS) provider Open Roads Consulting a contract to implement a video analytics monitoring system to enhance the advanced transportation management system (ATMS) deployed in the Transportation Management Center (TMC). Open Roads’ OpenTMS ATMS system has been deployed state-wide by WVDOH since 2008; the company says its modular and extensible architecture will seamlessly integrate the video analytics monitoring sy
    Read More

Highlighted Content