Siemens has announced its intention to buy the Hanover-based software company HaCon.
Confirming the acquisition, Siemens said the two companies had agreed not to disclose any financial details but hoped to finalise the deal within the first half of this year – subject to approval by antitrust authorities.
HaCon, which provides transport and trip planning software for passenger and freight operators around the world, will be run as a wholly-owned subsidiary of Siemens’ Mobility division.
Its addition will support the company’s digitalisation strategy, said Siemens chief executive Jochen Eickholt.
“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.
He added: “With this move, we’re rigorously implementing our digitalisation strategy and opening up new growth opportunities for our company along our customers’ value chain.”