PTC and the Volvo Group announced plans to further increase collaboration around digital engineering. Volvo Group has decided to unify its CAD platforms, which positions PTC’s products to serve as the primary CAD and PLM solutions used in the Volvo Group for complete vehicle design. (more…)
September 27, 2021
Posted by: Anasia D'mello
A new study by Juniper Research has found that MaaS (Mobility-as-a-Service) subscribers will generate $53 billion (€45.27 billion) in revenue for MaaS platform providers by 2027; rising from $5.3 billion (€4.53 billion) in 2021. MaaS is the provision of multimodal end-to-end travel services through single platforms, by which users can determine an optimal route and price. (more…)
September 20, 2021
Posted by: Anasia D'mello
Siemens Mobility has signed a binding agreement to acquire the Netherlands based company Sqills, a provider in the provision of cloud-based inventory management, reservation, and ticketing software to public transport operators around the world. (more…)
August 6, 2021
Posted by: Anasia D'mello
Hitachi, Ltd. and Hitachi Rail agreed to acquire Thales‘ Ground Transportation Systems business for an enterprise value of €1,660 million. The final purchase price will be determined after customary adjustments typical for a transaction of this nature. (more…)
August 4, 2021
Posted by: Anasia D'mello
Calypso Networks Association (CNA) has announced the launch and deployment of its HCE Calypso Interoperable Application (HCIA). The solution enables transport operators and authorities to deliver Calypso ticketing using host card emulation (HCE) technology on Android devices while maintaining robust Calypso security standards. (more…)
July 27, 2021
Posted by: Anasia D'mello
With smart city and building technology on the rise to make our urban infrastructures data-driven, efficient and more liveable, there has been a focus on the place of video technology. (more…)
May 26, 2021
Posted by: Anasia D'mello
Quarterhill Inc., announces that it has completed the acquisition of all the issued and outstanding shares of Sensor Line GmbH a German-based Intelligent Transportation Systems (“ITS”) provider of highly regarded fibre optic traffic sensors for road and rail markets, for cash consideration of €3.8 million. (more…)
January 5, 2021
Posted by: Anasia D'mello
The number of active fleet management systems deployed in commercial vehicle fleets in Europe was 10.6 million at the end of 2019, according to a new research report from the IoT analyst firm Berg Insight of Gothenburg, Sweden. (more…)
December 2, 2020
Posted by: Anasia D'mello
When we think about rapid developments in terms of wireless technology, we often automatically assume it’s in regard to telecommunications. However, with so many alternative industries taking advantage of the offerings that wireless technology and connectivity provides, this couldn’t be further from the truth, says Sam Taylor, marketing executive at Nomad Digital. (more…)
November 10, 2020
Posted by: Anasia D'mello
According to a recent study from market research firm Global Market Insights, the advanced packaging market is set to grow from its current market value of more than $25 billion (€21.17 billion) to over $40 billion (€33.87 billion) by 2026, gaining remarkable traction over the 2020 to 2026 period. (more…)
October 9, 2020
Posted by: Anasia D'mello