Siemens Mobility acquires Canada's RailTerm
May 26, 2021 Siemens Mobility acquires Canada’s RailTerm Written by William C. Vantuono, Editor-in-Chief Siemens Mobility has acquired RailTerm, a Canadian provider of track and signaling, traffic control, electrification and communication systems to railroads and transit agencies serving more than 70 clients globally. Siemens said the acquisition, which is expected close July 1, 2021 and will expand the company’s employee base in Québec and Ontario, “continues its focus on growing its presence in the Canadian market. RailTerm is a tr...
Source: railwayage.com