Siemens to acquire public transportation, mobility software company

189 Siemens is planning to acquire German company 5550 HaCon, which provides planning, scheduling and information systems for public transportation, mobility and logistics. Trip planning software from HaCon is used in more than 25 countries and comprises the centre piece of the travel information systems in operation at more than 100 transport companies and associations.

According to Jochen Eickholt, CEO of Siemens' Mobility Division, the acquisition will enable Siemens to enter a completely new business area that complements its current portfolio, expanding it to include timetable scheduling as well as trip planning by passengers. "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.