Rail

Siemens acquires Invensys Rail

Posted on May 15, 2013

Siemens Rail Automation closed its acquisition of Invensys Rail, expanding the company’s footprint in the global rail automation market and strengthening its technology offerings, including Positive Train Control solutions. Invensys Rail will be integrated into the rail automation business of the Mobility and Logistics Division.

Siemens has also signed agreements to acquire the railway yard retarder business from SONA and completed the acquisition of SkyEye Transportation Systems, improving the company’s range of IT solutions for transportation planning and scheduling tasks.

“Rail infrastructure is essential to the movement of people and goods in the U.S.,” said Roland Busch, CEO of the Siemens Infrastructure & Cities Sector and member of the managing board of Siemens AG. “Combining two of the strongest organizations in the market allows us to strengthen the core business of Siemens’ Infrastructure & Cities Sector and best serve the country’s rail needs.”

Former Invensys Rail President/CEO John Paljug will become head of Siemens U.S. Rail Automation business, headquartered in New York, N.Y. More than 500 Invensys employees will be joining Siemens Rail Automation as a result of the acquisition, including 300 in Louisville, Ky. and 210 in Marion, Ky.

View comments or post a comment on this story. (0 Comments)

More News

U.S. DOT makes $199M available for PTC implementation

The grants, which will be selected by the FRA and awarded and administered by the FTA, will help commuter railroads implement PTC, which prevents accidents and saves lives.

Hyperloop Tech. partners with Deutsche Bahn to create 'Innovation Train'

The project, which starts next week, will utilize Hyperloop Transportation Technologies crowdsourcing and community collaboration, while implementations will be financed by Deutsche Bahn.

MBTA faces federal complaint for cancelling late-night service

A group argues that the flawed data suggested the move would not have an overly burdensome effect on low-income and minority riders and that it should have taken steps to curb those impacts before ending the service in March.

Man struck dead on train tracks in Buffalo, N.Y.

During the investigation, it was determined that the man was laying on his back in the middle of the inbound side of a track on the south side, when a northbound train came down the track because the system was running on a single track.

Amtrak to launch new magazine in effort to rebrand

Will emphasize beautiful travel photography and long-form journalism to cast itself as an upscale brand and replace its current magazine, “Arrive,” which is more focused on celebrities, what’s-on content and regional destinations.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close