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Rail News: Communication and Signal

Invensys Rail Group acquires Quantum Engineering

Invensys plc's Invensys Rail Group (IRG) has acquired Quantum Engineering Inc. from Quantum management. Terms weren't disclosed.

Quantum Engineering, which specializes in onboard equipment, provides various signaling and train-control products, including recorders, alerters, indicators, speed controllers and end-of-train telemetry.

The acquisition will increase IRG's profile in the U.S. railroad aftermarket business and foster additional sales opportunities, Invensys plc said. IRG — which also owns Safetran Systems Corp. — plans to market Quantum's technology globally and integrate Quantum's products within its train-control product portfolio.

"There is now a clear migration from trackside to onboard train signaling, a trend which is now gathering pace," Invensys plc officials said in a prepared statement. "We can see great opportunities to bring Quantum's technical solutions for the benefit of our customers on a global basis."

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More News from 9/17/2008