Skip to main content

Siemens snaps up Aimsun in deal agreed at Intertraffic

Intertraffic was the venue for the announcement of one of the biggest deals of the year as electronics giant Siemens acquired Barcelona-based mobility modelling specialist Aimsun for an undisclosed sum. Initially spun out from a university research lab team, TSS-Transport Simulation Systems, as the company was initially known, has spent 20 years developing its microsimulator into a multi-level integrated modeling platform. Aimsun systems and algorithms use real-time traffic data to optimise traffic flows
March 22, 2018 Read time: 2 mins

Intertraffic was the venue for the announcement of one of the biggest deals of the year as electronics giant 189 Siemens acquired Barcelona-based mobility modelling specialist Aimsun for an undisclosed sum.

Initially spun out from a university research lab team, TSS-Transport Simulation Systems, as the company was initially known, has spent 20 years developing its microsimulator into a multi-level integrated modeling platform.

Aimsun systems and algorithms use real-time traffic data to optimise traffic flows and identify future problems before they become apparent – and it was this ability that attracted Siemens. The German conglomerate is working on an urban mobility operating system, which requires the ability to predict traffic problems. “We should not wait for problems to occur before taking action to mitigate the effect – otherwise this is too late,” said Marcus Schlitt, CEO of Siemens Intelligent Traffic Systems.

This is important for our digitalisation strategy. Aimsun has software that can predict traffic problems and we can’t easily duplicate this technology. We are closing a portfolio gap,” he said before adding that Aimsun will continue to function as a separate and wholly-owned entity. Aimsun has grown substantially over the past few years with 4,600 users in almost 80 countries; its CEO, Jaime Ferrer, said: “Siemens will give us the scale that we need to continue growing – we share a lot of views, our culture fits very well and our software will be a key piece in future mobility systems. [The deal is] a mixture of the best of all worlds – the scale of Siemens and the agility of Aimsun.” Siemens said it expects to close the deal next month.

Stand: 12.308

%$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 link-external www.siemens.com Siemens website link false https://www.siemens.com/global/en/home.html false false%>

For more information on companies in this article

Related Content

  • Dura-Line products evolve with microtechnology
    June 7, 2019
    City authorities are going to benefit from higher-density products to carry fibre networks in future – particularly with developments such as the 5G roll-out. “We don’t know how much fibre we are going to need going forward but we know we are going to need more,” says Joseph Lange, Dura-Line business development manager – microtechnology, US. The company’s products are used by a number of utilities departments. For example, in one recent deployment, the City of Augusta used Dura-Line’s FuturePath Flex Locat
  • TrafficLand real-time video to feature in Harman Aha radio app, CES 2018
    January 4, 2018
    TrafficLand will provide live video from its network of roadway traffic cameras to the Harman Aha Radio TrafficLand traveller information app at the Consumer Electronics Show (CES) 2018, in Las Vegas. The solution, according to its CEO Lawrence Nelson, can provide content to dramatically increase driver awareness about traffic and weather conditions on the roadway ahead as well as make all the difference when it comes to driver safety. The new mobile application will be demonstrated on a 2018 Jeep Cherok
  • Atlanta conference drives on-demand transport agenda
    May 4, 2018
    The US city of Atlanta is the latest major urban area to consider how integrated on-demand transportation services could help ease congestion and reduce pollution – and boost the regional economy. The subject will top the agenda at next week’s conference on Mobility as a Service (MaaS) which takes place on May 9 and 10 in the city. The conference, called MaaS Market - Concept to Delivery, has attracted leading international experts from Europe and across the US and is supported by the City of Atlan
  • Masabi: bespoke tech is holding transit agencies back
    September 30, 2019
    Sixty per cent of transit agencies looking to use account-based ticketing are struggling with bespoke technology which is slow to deploy and costly to maintain, claims Masabi. Masabi CEO Brian Zanghi says agencies have been “denied access” to systems that keep pace with technology in a cost-effective way and have had to invest in bespoke automatic fare collection (AFC) systems. “This has led to limited innovation with some agencies able to purchase the latest systems but leaving many underserved and left