Aegis ITS and Team Econolite to merge

Aegis ITS, an Econolite Group company, has announced it will merge with fellow Econolite Group company, Team Econolite, to form a single division - Aegis ITS. The consolidation, effective 1 January, 2012, is designed to provide complete ITS services, streamlining operational processes for enhanced customer service
May 2, 2012 Read time: 1 min
Aegis 3278 ITS, an 5368 Econolite Group company, has announced it will merge with fellow Econolite Group company, Team Econolite, to form a single division – Aegis ITS. The consolidation, effective 1 January, 2012, is designed to provide complete ITS services, streamlining operational processes for enhanced customer service.

“As part of our ongoing efforts to offer customers a complete spectrum of services, this restructuring will significantly enhance our market responsiveness by consolidating our technical and support capabilities,” said Aegis ITS CEO, Douglas Terry. “In addition, by combining Team Econolite’s operations and maintenance expertise with our core competencies of ITS programme management, software development, system engineering, integration and deployment, we offer our customers support throughout the ITS lifecycle.”

According to Aegis ITS, there will be no change to Team Econolite’s current operations and maintenance contracts and services and the transition will be transparent.
Highway & Network Management

For more information on companies in this article

Related Content

  • Caterpillar’s machine autonomy acquistion
    June 18, 2020
    Caterpillar has made a key acquisition for machine autonomy technology.
    Read More
  • Are friends electric? – the drives
    October 3, 2018
    Advances in drive technology are being seen from several key firms as new generation, compact electric systems begin entering the market - Mike Woof writes Major innovations in machine systems are being seen in the construction equipment sector. Several manufacturers are hedging their bets with regard to drive technology and introducing electric drive machines, which will suit use in urban ultra-low emission zones. Wacker Neuson has developed an array of electric machines in recent years including a numbe
    Read More
  • Ammann plan Indian strategic partnership with Gujarat Apollo Industries
    December 19, 2012
    Ammann and Gujarat Apollo Industries Ltd (GAIL) have signed binding agreements which will see Ammann Group pay around €44 million to acquire a 70% share in the Indian company’s plant and machine business. Said to be the Indian market leaders in road construction equipment, GAIL’s core products include road pavers, asphalt mixing plants, bitumen sprayers and compaction machines. The joint venture is seen by the Ammann Group as underscoring its global growth strategy while, crucially, heralding its entry into
    Read More
  • Trimble continues acquisitions with Linear Project deal
    March 5, 2015
    Trimble continues to develop its operations with the acquisition of German firm Linear project for an undisclosed sum. This privately owned firm is a leading provider of scheduling software for linear infrastructure projects. Linear project’s TILOS time and location planning software is used worldwide and is ideal for highways construction as well as other linear civil engineering projects. Linear construction projects present major challenges as work is not performed in a single location. But the TILOS sof
    Read More

Highlighted Content