HDR Engineering Inc has bought InfraConsult LLC, a Phoenix AZ area head officed company that specializes in development of "sustainable" (read green, and often financially unsustainable) projects - highways, The company has offices in Los Angeles, San Diego, Hawaii and Albuquerque NM and about 25 employees.
SANDAG (San Diego Association of Government) is finalizing a deal to buy the bankrupt South Bay Expressway (CA125) with a strategy of lowering tolls to attract more traffic away from the crowded 805 freeway that runs parallel.
Electronic Transaction Consultants Corp (ETC) the Dallas TX based toll systems and services provider is being considered for purchase by Xerox/ACS and by Kapsch, according to several toll industry sources. None of those involved want to be quoted.
Kapsch, the large international toll systems company has completed the acquisition of Mark IV IVHS, the Toronto-based toll systems operation that has made a major business out of supplying E-ZPass electronic toll collection equipment since its introduction 12 years ago.
Kapsch the big European-based toll systems company is buying Mark IV IVHS, sole supplier of transponders and readers to the huge E-ZPass group of tollers in America.
Sirit, the leading electronic toll supplier to California is being acquired by Federal Signal. The Toronto Canada based company says it has signed a "definitive agreement to be acquired" by Federal Signal in a $48m (C$49.5m) deal.
Sept 28 Xerox announced it had reached an agreement to buy ACS for $6b of stock and cash. Then for almost three months nothing more was heard, fanning speculation recently that the deal was in trouble. Not so they say.
Chicago-based Federal Signal Corp (NYSE: FSS) has bought Diamond Consulting Services Ltd (DCS), a British based single product company, whose product Idris has established a strong following in North America for use in open road toll lanes. The Idris system known generically as 'smart loops' uses speciall