Siemens AG and Bentley Systems are extending their existing 2016 agreement “to further develop their joint business cooperation and commercial initiatives.” The two companies at the same time embarked on a new software offering.
Siemen’s’ Mobility division will be transferred into a legally separate company owned by Siemens in anticipation of its merger with Alstom, as part of a Siemens’ company-wide restructuring announced on August 1.
Shareholders have approved a proposal to merge two of the largest suppliers in the global rail industry.
The Orange County Transportation Authority (OCTA) has awarded a $51.5 million contract to Siemens Industry for eight S70 low-floor light rail vehicles for the OC Streetcar project, construction of which is expected to begin later this year.
The merger of Siemens’ mobility business and Alstom reached a milestone on March 23 with the signing of a Business Combination Agreement (BCA) setting out terms and conditions agreed to by the two companies.
Charlotte (N.C.) Area Transit System (CATS) opened an extension to its 9.3-mile Lynx Blue Line light rail line on March 16.
California’s North County Transit District celebrated the 10th anniversary of its Sprinter hybrid light rail commuter system March 9.
Metropolitan Atlanta Rapid Transit Authority (MARTA), which operates the Atlanta Streetcar 2.7-mile Downtown Loop light rail line, has contracted with Siemens to maintain the fleet of four S70 LRVs which it supplied prior to the opening of the line in December 2014.
Charlotte’s LYNX Blue Line Extension will open March 16, completing a $1.1-billion project to add 9.3 miles and 11 stations to the North Carolina city’s light rail system.