Traffic Management Software Co., Transdyn, Acquired By Kapsch TrafficCom
Kapsch TrafficCom has concluded the acquisition of Transdyn from Powell Industries. The acquisition of one of the leading advanced traffic management software and systems integration companies in the U.S. market, known for its DYNAC ATMS® (Advanced Traffic Management Software), enables Kapsch TrafficCom to offer an extended end-to-end product and solution portfolio for intelligent transportation systems (ITS) to customers globally.
According to the company, Kapsch TrafficCom 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 (MLFF) traffic (also referred to as open road tolling, ORT) 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.
Perfect match
“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.”
“Transdyn, a well-known provider of ITS and advanced traffic management solutions to highway, bridge and tunnel authorities, offers limited synergies with our other businesses,” said Mike Lucas, President and Chief Executive Officer, Powell Industries, Inc. “This transaction will allow us to focus on our core electrical power products businesses and provides Transdyn with additional opportunities. We appreciate the diligent work and many contributions of Transdyn’s dedicated employees.”
Focus on the industry and open new markets
“We look forward to the potential growth opportunities ahead of us,” said Mark Thompson, President, Transdyn. “Integrating with Kapsch TrafficCom offers Transdyn employees and customers the strength of the Kapsch TrafficCom portfolio of solutions and this transaction enables Transdyn to extend this base into new international markets.”
About Transdyn
Transdyn is a well-known systems integrator of control, communication, operations management and security/surveillance systems. For over 35 years, Transdyn has delivered a wide-range of systems for government agencies and private industry in the transportation, environmental, security, energy, and industrial markets throughout the United States and abroad. Transdyn’s services include planning, design, systems integration, project management, software development, installation, commissioning, training, maintenance, and long-term support. The company´s traffic management systems are installed in over 30 transportation facilities across the U.S., including the LBJ Express project in North Texas on which Kapsch and Transdyn worked jointly.
About Kapsch TrafficCom
Kapsch TrafficCom is a provider of 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. More information at: www.kapsch.net.
Category: Fleet Diagnostics & Software, General Update, Transit News
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