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

  • More than ever to see at CARTES SECURE CONNEXIONS 2014
    July 9, 2014
    • Monday 3 November 2014: SESAMES Awards ceremony • Tuesday 4 November 2014: OPENING SUMMIT: a grand opening conference with leaders from the biggest companies in the security and payment sector • From Tuesday 4 to Thursday 6 November 2014: Trade exhibition with more than 450 exhibitors from over 50 countries • From Tuesday 4 to Thursday 6 November 2014: 120 conferences exploring the latest trends in the areas of identification, payment and mobility. For more information go to www.CA
  • IRF Geneva Workshops at Intertraffic 2018
    March 12, 2018
    The International Road Federation (Geneva) will be hosting three workshops at Intertraffic 2018 in collaboration with Swarco, Evonik and PTV. “An integrated approach to mobility management: Reimagining the role of infrastructure in the new connected and autonomous ecosystem” on Tuesday 20 March will examine how connecting parking, public transport, lighting urban and interurban traffic management in one holistic solution can help in solving mobility challenges way more efficiently. On Wednesday 21 March
  • Irdeto and Conjure promote Keystone vehicle access solution
    March 19, 2018
    Irdeto and Conjure are using Intertraffic to present what they claim is the most secure, policy-based vehicle access and safety solution in the connected transport industry. Using a mobile device with a companion application, the solution eliminates the need for physical keys to a car while also providing car and fleet owners with the ability to securely and intuitively provision and manage a host of new car sharing/car riding experiences. Keystone combines secure, tamper-proof policy management that
  • Q-Free focuses on all aspects on road operations
    September 7, 2014
    As visitors to the Q-Free booth at the ITS World Congress Detroit will see, the company has transformed its portfolio, shifting from a predominant focus on tolling to cover all aspects of road operations – financing, condition monitoring, real-time management and emerging cooperative ITS applications.