ITALY: Teleste has acquired rail electronics specialist Ermetris, strengthening its capabilities in Italy which is a key market for the Finnish company’s Rail Information Solutions business.
Ermetris supplies passenger information, public address, on-board internet, CCTV, passenger counting and related technologies, and has worked with Teleste on several major projects.
‘We appreciate the profound experience Ermetris has in the Italian public transport market and regard their competence in rail-specific services and electronics as a valuable asset in serving our railway and public transit customers in the area’, said Jörn Grasse, Vice-President of Teleste’s Rail Information Solutions division.
Ermetris will continue under its current management as an independent company within Teleste’s Video Security & Information business unit. No personnel reductions are planned as a result of the acquisition.
A repair centre is to be formed to serve Teleste and Ermetris customers in southern Europe, complementing Teleste’s existing repair centres in Finland and Poland.
