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

Hyperloop One announces 10 winners of 'Global Challenge'

The company will commit meaningful business and engineering resources and work closely with each of the winning teams/routes to determine their commercial viability.

Council chair recommends rejecting all light rail bids for Metro's Southwest project

The bids were opened last month and represent the bulk of the construction work involved in building the tracks, road, bridges, trails, tunnels, stations, and other facilities needed for the 14.5-mile light rail line.

Amtrak campaign touts benefits of train over air, car travel

The marketing campaign, "Break the Travel Quo," showcases clever videos that depict some of the most prevalent pain points of modern day travel.

Metra on-time performance hits 96% in August

In August, 731 of 18,296 trains were tardy by six minutes or more. The most common causes for delays were related to signal/switch failure, increased passenger loadings, and track construction.

QLINE aims to popularize streetcars in Detroit

The $144 million QLINE, built as a local catalyst project, began rolling May 12, 2017 on a 3.3-mile segment of Woodward Avenue.

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