Article Highlights
The head of fare-systems supplier Thales RCS confirmed that there will be a “continuity” of operations for the vendor after Hitachi Rail completes its acquisition of Thales Ground Transportation Systems, of which RCS is a part.
Hitachi Rail’s €1.7 billion (US$1.8 billion) acquisition of Thales Ground Transportation Systems, which includes the Thales RCS fare unit, is expected to close by the end of the summer.
• Thales RCS
• Hitachi Rail
• Cubic
• Conduent
• Indra
• Vix Technology
• INIT
The head of fare-systems supplier Thales RCS confirmed that there will be a “continuity” of operations for the vendor after Hitachi Rail completes its acquisition of Thales Ground Transportation Systems, of which RCS is a part.
Jean-Marc Reynaud, CEO of Thales Revenue Collection Systems, told Mobility Payments that the €1.7 billion
Subscription Required
This premium content is only available to subscribers
Article has about831words.
To keep reading, subscribe today
Get access to premium content from the only global publication devoted exclusively to mobility payments by subscribing today to the most authoritative source for news and analysis in the industry.
