Tracsis snaps up rail technology firm RailComm
The acquisition is part of Tracsis’ strategy to expand its rail software footprint.

The acquisition is part of Tracsis’ strategy to expand its rail software footprint.
The deal is a 37.2% premium to Stagecoach’s closing price on 8 March 2022.
With this move, Pershing Square becomes one of CP’s top 20 shareholders.
The deal would allow the two firms to jointly pursue opportunities such as route upgrades and station delivery.
More than 500 trains in Italy are currently equipped with Teleste solutions.
Orange Rail has a loop track that can handle 120 car unit trains.
The deal has received regulatory approval and is now subject to customary closing requirements.
Around 270 BBR employees will join Stadler, increasing the latter’s staff strength to over 500.