Siemens is planning to acquire HaCon, a company headquartered in
Hanover, Germany. The two parties have agreed not to disclose financial
details. Pending the approval of antitrust authorities, the deal is expected to
be concluded in the first half of calendar year 2017.
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 digitalization strategy and opening up new growth
opportunities for our company along our customers’ value chain,” he added.
“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.
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