Skip to main content

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.

For more information on companies in this article

Related Content

  • Zoomlion develops key strategy for expansion
    June 10, 2015
    The implementation of a new strategy looks set to lead to strong development among infrastructure-related industries in export markets for Chinese firms. And as an industry leader in the production of construction machinery, Zoomlion has long been preparing to compete against the major international companies At the bauma China 2014 event in Shanghai, Zoomlion gave an insight into its international ambitions according to the firm. At the show, the senior director in charge of Zoomlion overseas business,
  • Fayat Group buying Dynapac from Atlas Copco
    January 19, 2017
    The Fayat Group in France is to buy the Dynapac Road Construction Equipment Division of Atlas Copco. This business makes compactors for asphalt and soil applications, as well as asphalt pavers and planers. With this key acquisition, Fayat says that it intends to strengthen its strategic position in road construction and maintenance equipment. The Fayat Group already has a strong portfolio of machines and technologies for the road construction sector with its BOMAG, Marini, Marini-Ermont and SAE, Secmair
  • Metso eyes electric Lokotrack range
    August 22, 2022
    In response to the growing demand for sustainable solutions, Metso Outotec is conducting a programme to develop a new, complete range of electrically driven track-mounted crushers and screens
  • Sustainability drive for Topcon
    December 21, 2023
    Topcon is developing its drive for sustainability.