acquisition

ACS buys into GPS


ACS, the Dallas based government services group with a strong toll division in Washington DC is buying big in satellite/wireless based location finding. The company has completed the purchase of Transportation Management Systems (TMS) a business unit of orbital Sciences Corp, they announced today.

TMS is a leading supplied of GPS (satellite) based fleet management systems.
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Efkon acquires Fenrits


Efkon the Graz, Austria-based toll systems company recently bought Fenrits, the Norway-based electronic toll equipment supplier which specializes in CEN 278 passive 5.8Ghz European standard gear, also sold in Asia, South America and Australia. They have a new low-power and compact ASIC or custom chip which they plan to offer in their transponders to extend battery life.
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