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

Report suggests merging LIRR, NJ Transit, and Metro-North

The "Trans-Regional Express," or "T-REX," would connect the systems to greatly cut travel times and increase capacity on rail lines that will only see more strain as the area's population grows.

Retlif Testing Laboratories celebrating 40 years

A globally recognized testing industry leader, the company expanded from humble beginnings at Flowerfield (St. James, N.Y.) to multiple locations, including its state-of-the-industry HQ and testing facility in Ronkonkoma, N.Y

Gannett Fleming/WSP JV to manage N.C. light rail construction

The 17.7-mile light -rail system will have 18 stations between UNC Hospitals in Chapel Hill and North Carolina Central University in Durham.

Stadler lands Slovenian train order

The contract for the fleet capable of mixed traction consists of the engineering, construction, and delivery of the 26 vehicles, including warranty coverage, as well as an option for 26 additional vehicles.

MARTA, Caltrain, SamTrans receive APTA sustainability awards

The agencies were recognized for water conservation practices, renewable electricity usage, and emissions reduction.

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