ACS to acquire Orbital Sciences’ Transportation Management Systems business
22 April, 2008
category: Contactless, Transit
Affiliated Computer Services Inc. has signed on to expand its global public transit service capabilities with the acquisition of Orbital Sciences Corporation’s Transport Management Systems business for $42.5 million.
TMS is the nation’s leading provider of GPS-based fleet management systems, the acquisition makes ACS the only company capable of providing both fare collection and fleet management system capabilities.
ACS’ transportation industry services already include electronic toll collection programs such as E-ZPass, public transit fare collection, parking systems, red light speed photo enforcement and PrePass, a service that allows transponder equipped trucks to bypass weigh stations.
ACS provides systems and services to public transportation agencies worldwide. ACS’ Transportation Solutions business helps government agencies in more than 30 countries through revenue collection and regulation compliance services.