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Siemens to expand its multimodal mobility portfolio with acquisition of HaCon

As part of the long-term expansion of its multimodal transportation portfolio, Siemens’ Mobility Division is in the process of acquiring HaCon, a leading software provider for the public transportation, mobility and logistics industries.

A successful player in the mobility business for 30 years, HaCon is a leading international provider of planning, scheduling and information systems for public and freight transport. The company’s trip planning software 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. Its popular travel planning apps in Europe combine information on taxis, car rental, bike sharing, and public transportation systems, with over 40 million journeys planned on its system every day.

Both companies are headquartered in Germany, and the transaction still subject to approval by the country’s antitrust authorities, with the deal expected to be concluded in the first half of this year. From trip planning to mobile ticketing and fleet management, HaCon’s HAFAS and TPS product suites cover all aspects of transit and intelligent transportation systems (ITS).

Siemens is also a leading provider of road and rail mobility systems, and the company plans to expand its intermodal digital offerings with the acquisition of HaCon. The two parties have agreed not to disclose financial details, and HaCon is to be managed as separate legal entity and wholly-owned subsidiary of Siemens. Together with HaCon, Siemens will be able to serve road and rail infrastructure operators and public transportation companies as a single-source supplier of innovative software for transit and route planning, timetable information systems, cutting-edge payment systems, and intermodal mobility platforms. The expansion of Siemens’ offerings will also include industry-specific trip planning smartphone applications for passenger and freight transport.

“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,” explained Jochen Eickholt, CEO of Siemens’ Mobility Division. “With this move, we’re rigorously implementing our digitization strategy, and opening up new growth opportunities for our company along our customers’ value chain.”

Michael Frankenberg, CEO of HaCon, noted, “Together with a strong partner like Siemens, we’ll be even better equipped to drive the mobility software business, particularly in the global market.”

May 4, 2017

Written by Adam Frost

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