Kapsch TrafficCom completed the transaction to acquire Transdyn
January 17, 2014
Dear Valued Partner,We are pleased to share with you that effective January 15, 2014, Kapsch TrafficCom IVHS Inc. completed the transaction to acquire Transdyn.Kapsch and Transdyn are genuinely excited about this acquisition and about our ongoing commitment to the Intelligent Transportation System (ITS) and Electronic Toll Collection (ETC) markets. As a result of this transaction, we bring together a global leader in ETC and ITS systems and with a leader in advanced traffic management solutions and systems integration. This union ensures we will continue to meet the evolving needs of our partners around the world while offering one of the best and broadest ITS portfolios in the industry.As a current partner of Transdyn, we want to assure you of our commitment to continuity in operations. Transdyn President, Mark Thompson, and his entire team remain available to support your existing business needs. Your Transdyn contacts, and their phone numbers and email addresses, remain unchanged. All Transdyn facility locations and addresses remain the same.A press release is attached with additional information. In addition, you can learn more about Kapsch by visiting www.kapsch.net. Please contact us should you have any questions or wish to discuss any matter about our partnership.Sincerely, |
Chris Murray Chief Executive Officer Kapsch TrafficCom IVHS Inc. [email protected] |
Mark Thompson
President
Transdyn
|