GE Transportation is planning to acquire rail software provider RMI from alternative asset manager Carlyle Group for an undisclosed sum.

The transaction is expected to close in early 2012 and will expand GE Transportation’s Software and Optimization Solutions business.

Go deeper with GlobalData

Go deeper with GlobalData

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The acquisition will enable GE to provide the optimisation of assets, networks and energy use, resulting in lower operational costs, a rise in productivity, capacity expansion, and less fuel use and fewer emissions for its customers, the company said.

RMI chairman and CEO Pete Kleifgen said that the company wants to expand the reach of its software solutions to railroad and transportation logistics customers around the globe.

RMI has revenue of $45m and provides transportation management software solutions for railroads, rail shippers, railcar leasing companies and intermodal services in North America.

GlobalData Strategic Intelligence

US Tariffs are shifting - will you react or anticipate?

Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.

By GlobalData

Railway Technology Excellence Awards - Nominations Closed

Nominations are now closed for the Railway Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact across the defence sector.

Excellence in Action
MTR Corporation and Dragages Hong Kong triumphed in three categories – Research & Development, Environmental and Safety – for their Kwu Tung Station project . Learn how this future Northern Link–East Rail Line interchange sets new benchmarks in digital construction, decarbonisation and safety management.

Discover the Impact