Siemens to acquire HaCon, strengthen its software capability for mobility sector
The acquisition will enable Siemens to expand its intermodal offerings with industry-specific software for the mobility sector.
Siemens has announced plans to acquire HaCon, a company headquartered in Hanover, Germany. The deal is expected to be concluded in the first half of calendar year 2017. HaCon will be managed as separate legal entity and wholly-owned subsidiary of Siemens AG in the Mobility Division.
HaCon is a leading international provider of planning, scheduling and information systems for public transportation, mobility and logistics. The company has been a successful player in the mobility business for 30 years. Trip planning software from HaCon is used in more than 25 countries and comprises the centerpiece of the travel information systems in operation at more than 100 transport companies and associations.
“The acquisition of HaCon will enable us to enter a completely new business area that complements our current portfolio, expanding it to include timetable scheduling as well as trip planning by passengers,” said Jochen Eickholt, CEO of Siemens’ Mobility Division. “With this move, we’re rigorously implementing our digitalisation strategy and opening up new growth opportunities for our company along our customers’ value chain,” he added.
au“Together with a strong partner like Siemens AG, we’ll be even better equipped to drive the mobility software business, particularly in the global market,” said Michael Frankenberg, CEO of HaCon.
Siemens, which is already a leading rail automation provider, offering systems up to and including complete driverless operation, aims to expand its intermodal digital offerings with the acquisition of HaCon. Together with HaCon, it plans to cater to rail infrastructure operators and public transportation companies as a single-source supplier of innovative software solutions for train and route planning, timetable information systems, cutting-edge payment systems and intermodal mobility platforms. In addition, apps for use on passengers’ mobile devices will enhance trip planning, transparency and thus acceptance.
.
RELATED ARTICLES
Sept 2024 From R&D incentives to EV infrastructure: What auto components industry expects from Budget 2024
Sept 2024 From R&D incentives to EV infrastructure: What auto components industry expects from Budget 2024
US car majors hit the brakes on driverless cars
Ford Motor and Volkswagen to close self-driving startup Argo AI, due to lack of technology and clear regulations.
Autoliv and Geely to develop advanced safety tech for future vehicles
Scope of cooperation includes safety for high-level autonomous driving, intelligent steering wheel technology, a 360deg ...