Siemens and Alstrom ‘still firm competitors’ despite impending merger

Despite next year’s merger, Alstom are currently ‘still firm competitors’, insisted Siemens Mobility’s CEO Gordon Wakeford. Through the agreement, Siemens Mobility will combine its rail traction and drive business with Alstom. The Siemens subsidiary has also won a contract with Transport for London (TfL) to upgrade the algorithms and systems which control traffic in London. “Once that's done we can upgrade traffic controls throughout the UK and work with TfL in exporting that around the world,” Wakef
July 18, 2018 Read time: 1 min
Despite next year’s merger, 8158 Alstom are currently ‘still firm competitors’, insisted 120 Siemens Mobility’s CEO Gordon Wakeford.


Through the agreement, Siemens Mobility will combine its rail traction and drive business with Alstom. The Siemens subsidiary has also won a contract with Transport for London (TfL) to upgrade the algorithms and systems which control traffic in London.

“Once that's done we can upgrade traffic controls throughout the UK and work with TfL in exporting that around the world,” Wakeford added at a meeting with journalists.

The company is also hoping to be the preferred bidder for the rolling stock supply for Deep Tube for London's Piccadilly Line.

For more information on companies in this article

Related Content

  • ‘Only 20% of people’ would put their child inside an AV, says Fujitsu
    July 24, 2018
    Only 20% of people would be prepared to put their child inside an autonomous vehicle (AV), according to research from Fujitsu. People are more anxious about adopting digital services in travel than they are in other areas of their lives, according to Russell Goodenough, the company’s managing director of business and transport. Just 40% of people would put their trust in an AV - and the transport sector is falling behind in the race to digitisation, the company says. Speaking at a media forum in Lo
    Read More
  • Siemens influences congestion reduction
    March 12, 2021
    When it comes to reducing congestion, even relatively small interventions can have significant and positive knock-on effects, suggests Steve O’Sullivan of Siemens Mobility
    Read More
  • Shaking up the taxi market with smarter ride requests
    February 24, 2016
    Timothy Compston looks at the rise of Uber and ride request mobile apps. There is little doubt that the advent of Uber has come as major shock to established taxi operators and has caused regulators, cities and DOTs to rethink current regulations so they can keep pace with the changing dynamics of the marketplace.
    Read More
  • To charge or not to charge, that is the question
    January 26, 2018
    Alan Dron looks at why congestion charging and other similar schemes are so controversial in North America. In August, Andrew Cuomo, governor of New York State, described congestion charging for the city as “an idea whose time had come,” according to the Bloomberg wire service. In October, he announced a ‘Fix NYC’ advisory panel to study methods of easing congestion on the city’s streets. Although Cuomo did not specifically mention congestion charging when setting up the panel, he said it would study
    Read More

Highlighted Content