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

Feds extend deadline for Honolulu rail recovery plan

In a letter, the FTA denied the City of Honolulu’s request to extend the deadline for the so-called recovery plan until the end of June.

FTA releases WMATA traction power report, issues safety directive

The special directive is based on 22 findings from an FTA investigation report into the condition and safety performance of the Metrorail TPE system, which was also released on Friday.

NJ TRANSIT hearing focuses on PTC

Some lawmakers expressed concern as to whether NJ Transit would be able to implement positive train control by the federally mandated deadline of Dec. 31, 2018.

Alstom to supply 14 metro cars to RATP, STIF

Due to circulate on line 4, the MP14 trains will help to increase the capacity and quality of transport on the line, with a targeted global service equivalent to that of line 1.

Development of iconic perfume threatened by high-speed rail plan

Chanel says it will leave Grasse, dubbed the perfume capital of the world, unless plans are dropped to drive a TGV line through the fields of flowers required to make the world’s most famous scent

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