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Austrian Kapsch Group, a Recognized Supplier of Electronic Toll Collection Worldwide, Acquires U.S. Traffic Software Company Transdyn

Kapsch
February 5, 2014

Acquisition broadens portfolio of intelligent transportation solutions

The January 2014 acquisition of one of the leading advanced traffic management software and systems integration companies in the U.S. market enables Austrian-headquartered Kapsch TrafficCom and its US subsidiaries to offer an extended end-to-end product and solution portfolio for intelligent transportation systems (ITS) to its current and future customers around the globe. The purchase price was sixteen million U.S. dollars. According to Kapsch TrafficCom, the company is now positioned to offer one of the broadest portfolios of intelligent transportation solutions to complement its leading position in delivering electronic tolling solutions to its customers. Kapsch has installed and runs a large number of electronic toll collection (ETC) systems for multi-lane free-flow traffic around the globe. Transdyn is an established systems integrator offering innovative ITS solutions to customers that enable them to safely and securely manage and control vital facilities and processes, including highways, bridges, and tunnels.

“Transdyn and Kapsch are a perfect match,” said Georg Kapsch, CEO, Kapsch TrafficCom Group. “The current customer trend clearly shows the desire for a converged tolling and traffic management offering. Together, we can respond to market requests in a holistic approach and Kapsch will further extend its portfolio and reinforce its position as an end-to-end solutions provider.” According to Chris Murray, President and CEO, Kapsch TrafficCom North America, two global leaders in intelligent tolling systems and advanced traffic management solutions had joined. “This ensures that we will continue to develop and deliver innovative solutions to meet the evolving needs of our customers around the world.”

Kapsch TrafficCom headquartered in Vienna, Austria, is a provider of intelligent transportation systems (ITS) in the application fields of road user charging, urban access and parking, road safety enforcement, commercial vehicle operations, electronic vehicle registration, traffic management and V2X cooperative systems. Kapsch TrafficCom covers with end-to-end solutions the entire value creation chain of its customers as a one-stop shop, from components and subsystems to their integration and operation. The solutions of Kapsch TrafficCom help to provide funding for infrastructure projects, to increase traffic safety, to optimize traffic flow, and to reduce environmental pollution from traffic. The core business is to design, build and operate electronic toll collection systems for multi-lane free-flow traffic. References in 43 countries on all continents make Kapsch TrafficCom a recognized supplier of electronic toll collection worldwide. As part of the Kapsch Group, a family-owned Austrian technology group founded in 1892, Kapsch TrafficCom, headquartered in Vienna, Austria, has subsidiaries and representative offices in 33 countries, has been listed on the Vienna Stock Exchange (KTCG) since 2007, and generated with more than 3,000 employees revenues of EUR 488.9 million in fiscal year 2012/13

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