Siemens to acquire public transportation, mobility software company

Siemens is planning to acquire German company HaCon, which provides planning, scheduling and information systems for public transportation, mobility and logistics. Trip planning software from HaCon is used in more than 25 countries and comprises the centre piece of the travel information systems in operation at more than 100 transport companies and associations.
April 28, 2017 Read time: 1 min

189 Siemens is planning to acquire German company 5550 HaCon, which provides planning, scheduling and information systems for public transportation, mobility and logistics. Trip planning software from HaCon is used in more than 25 countries and comprises the centre piece of the travel information systems in operation at more than 100 transport companies and associations.

According to Jochen Eickholt, CEO of Siemens' Mobility Division, the acquisition will enable Siemens to enter a completely new business area that complements its current portfolio, expanding it to include timetable scheduling as well as trip planning by passengers. "With this move, we're rigorously implementing our digitalization strategy and opening up new growth opportunities for our company along our customers' value chain," he added.

UTC

Related Content

  • June 3, 2014
    Kapsch says US purchase will have world-wide impact
    Peter Ummenhofer, head of the ITS Business Unit at Kapsch TrafficCom, discusses what the recent acquisition of US ATMS specialist Transdyn will mean for the company and the ITS sector. Even a brief perusal of Kapsch’s portfolio lends credence to the company’s assertion that it is more than ‘just a tolling systems and services supplier’. Over the past few years, the company has added road safety enforcement to its offering with significant commercial vehicle operations capabilities, including weigh in motion
    Read More
  • July 27, 2015
    Public transport ITS in Europe ‘a billion-dollar market’
    According to a new research report from analysts Berg Insight, the market value for intelligent transport systems (ITS) deployed in public transport operations in Europe was US$1.1 billion in 2014. Growing at a compound annual growth rate of 7.2 percent, the market is expected to reach US$1.6 billion by 2019. Berg Insight says that the European market for ITS for public transport is in a growth phase which will continue throughout the forecasted period. In most countries, the fluctuating economic climat
    Read More
  • January 21, 2025
    Swarco completes Lacroix traffic tech division acquisition
    Austrian company gains bigger footprint in France and Spain through buy
    Read More
  • June 19, 2014
    TE Connectivity to acquire Measurement Specialties
    Swiss connectivity specialist TE Connectivity is to acquire Measurement Specialties for a total transaction value of approximately US$1.7 billion (including assumption of net debt). Measurement Specialties offers a broad portfolio of sensor technologies including pressure, vibration, force, temperature, humidity, ultrasonics, position and fluid, for a wide range of applications and industries. The combination of TE's sensor business with Measurement Specialties' range of sensors and sensor systems es
    Read More

Highlighted Content