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

  • Serco extends transport contracts in Hong Kong
    June 7, 2013
    UK group Serco has won the contract to operate and maintain toll roads in Hong Kong as it looks to push further into the transport sector. Beginning in September, the contract is worth US$123 million over a minimum six-year base period to manage, operate and maintain the Tsing Sha Control Area of toll roads. Serco has been contracted to engage in toll collection, controlling and regulating traffic, vehicle recovery and rescue, patrols and handling of incidents. The contract also covers scheduled works inclu
    Read More
  • Smart transportation market ‘worth US$285.12 billion by 2024’
    February 24, 2017
    The global smart transportation market is estimated to reach a market size of US$285.12 billion by 2024, according to a new study by Grand View Research. The growing number of on-road vehicles and the ineffective existing transport infrastructure will drive the need for an efficient management system. Favourable government initiatives toward building a better infrastructure and running the transport system smoothly are expected to boost the industry growth. Increasing investments in the smart city produc
    Read More
  • The scourge of poor air quality and rising pollution levels and how they can be tackled
    December 20, 2021
    Arguably, air pollution is one of the greatest challenges facing our world today. It impacts people, economies and the environment. It is clear that policymakers must act swiftly to improve air quality. ITS has a huge role to play in providing solutions. Here, Swarco, as a solution provider, shares inside tips on how to use modern ITS to save lives, economies and the environment.
    Read More
  • TTTech joins SafeTrans transportation safety group
    March 7, 2013
    To strengthen its close cooperation with partners and experts in the transportation field, Austrian network solutions provider TTTech has become a member of the competence group Safety in Transportation Systems (SafeTrans). SafeTrans is a group of industry experts and decision makers from railway, aerospace, space, automotive, off-highway and industrial segments and academia. The goal of the group is to combine know-how regarding research and development in the sector of embedded systems for transportation
    Read More

Highlighted Content