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

  • Inrix acquires OpenCar to challenge Apple and Google in the car
    March 10, 2016
    Inrix has completed the acquisition of OpenCar, a US-based automotive software and services provider, in a purchase which enables Inrix to extend its cloud platform into the dashboard with a broad portfolio of third-party content and applications in a customisable automaker-controlled user experience. OpenCar, backed for the last five years by a strategic partnership with Mazda Motor Corporation, offers a white label, standards-based application development environment and framework, fully controlled by
    Read More
  • Kapsch tackles rapidly evolving urban mobility
    March 20, 2018
    Urban mobility in today’s cities is evolving at a rapid pace. Cities are facing huge challenges oneased congestion. Additionally, in this transitional period cities are also faced with the evolution of urban mobility, with new mobility services such as electric and connected/autonomous vehicles. This requires an urgent need for urban traffic management and integrated mobility. Against this background, Kapsch is demonstrating live how
    Read More
  • Joint IBTTA and ITS conference focuses on environmental issues
    March 12, 2012
    In St Louis on 4-6 October, the IBTTA and ITS America will be co-sponsoring their first joint event, which is intended to address the burgeoning environmental issues affecting road transport infrastructures. Here, Steve Snider and Larry Yermack, the two chief meeting organisers, talk about the event and its aims
    Read More
  • US judge finds in favour of Kapsch in legal action on tolling products
    June 26, 2017
    Kapsch TrafficCom North America is pleased to report that the US International Trade Commission (ITC) judge has ruled in its favour in a legal action brought by Neology, seeking to prevent Kapsch from importing certain electronic tolling products using the ISO/IEC 18000-6C communications protocol (6C Standard).
    Read More

Highlighted Content