Siemens and Alstrom ‘still firm competitors’ despite impending merger

Despite next year’s merger, Alstom are currently ‘still firm competitors’, insisted Siemens Mobility’s CEO Gordon Wakeford. Through the agreement, Siemens Mobility will combine its rail traction and drive business with Alstom. The Siemens subsidiary has also won a contract with Transport for London (TfL) to upgrade the algorithms and systems which control traffic in London. “Once that's done we can upgrade traffic controls throughout the UK and work with TfL in exporting that around the world,” Wakef

July 18, 2018 Read time: 1 min

Despite next year’s merger, 8158 Alstom are currently ‘still firm competitors’, insisted 120 Siemens Mobility’s CEO Gordon Wakeford.

Through the agreement, Siemens Mobility will combine its rail traction and drive business with Alstom. The Siemens subsidiary has also won a contract with Transport for London (TfL) to upgrade the algorithms and systems which control traffic in London.

“Once that's done we can upgrade traffic controls throughout the UK and work with TfL in exporting that around the world,” Wakeford added at a meeting with journalists.

The company is also hoping to be the preferred bidder for the rolling stock supply for Deep Tube for London's Piccadilly Line.

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Alstom

Siemens announces TfL deal

Siemens has announced a deal with Transport for London (TfL) which will see the German company create a real-time optimiser (RTO) for traffic control in the UK capital. Markus Schlitt, CEO of intelligent traffic systems at Siemens, said: “We are developing the most modern adaptive traffic control system on Earth.” The RTO will sit in London’s Surface Intelligent Transport System (SITS) and will help “really make London a much more liveable city”, Schlitt added. It is designed to optimise traffic signals b