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Invensys Regulatory News (ISYS)
Regulatory News for Invensys (ISYS)
| Share Price: 402.70 | Bid: 402.20 | Ask: 402.50 | Change: 0.00 (0.00%) |  | ||||||
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Invensys Rail N.America Announces PTC Acquisition
Thu, 10th May 2012 15:30
RNS Number : 1073D
Invensys PLC
10 May 2012
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10 May 2012
Invensys Rail North America Announces Positive Train Control (PTC) Acquisition
Invensys Rail North America has today announced the acquisition of privately-held PHW Inc. for up to $24 million.
Based in Pittsburgh, PHW is a leading manufacturer of cab signaling systems and other safety electronic train control systems for the North American mainline and mass transit industries. The acquisition of PHW and its onboard PTC products enhances Invensys Rail's existing range of trackside PTC products, strengthening further the company's position in North America.
"The acquisition of PHW and its onboard PTC product line complements our established portfolio of trackside PTC products and will play an important role in helping us to achieve the ambitious growth plans we have in North America," said Kevin Riddett, CEO of Invensys Rail.
PHW's onboard system is used on the North East Corridor by Amtrak and associated railroads as part of Amtrak's ACSES PTC system. ACSES is the first PTC system to be approved for operation by the Federal Railroad Administration under the requirements of the Rail Safety Improvement Act of 2008.
PHW will operate as a wholly-owned subsidiary of Invensys Rail, a division of Invensys plc.
Contact:
Invensys plc Steve Devany tel: +44 (0) 20 3155 1301
This information is provided by RNS
The company news service from the London Stock Exchange
| Date | Source | Headline | Category |
|---|---|---|---|
| 16-May-13 07:00 | RNS | Final Results | Results and Trading Reports |
| 02-May-13 10:20 | RNS | Completion of the disposal of Invensys Rail | Mergers, Acquisitions and Disposals |
| 02-May-13 09:41 | RNS | Total Voting Rights | Holding(s) in Company |
| 26-Apr-13 14:58 | RNS | Holding(s) in Company | Holding(s) in Company |
| 24-Apr-13 11:42 | RNS | Holding(s) in Company | Holding(s) in Company |
| 23-Apr-13 15:00 | RNS | Holding(s) in Company | Holding(s) in Company |
| 18-Apr-13 15:46 | RNS | Further update on the disposal of Invensys Rail | Company Announcement - General |
| 11-Apr-13 13:08 | RNS | Holding(s) in Company | Holding(s) in Company |
| 02-Apr-13 14:28 | RNS | Director/PDMR Shareholding | Directors' Dealings |
| 02-Apr-13 14:26 | RNS | Total Voting Rights | Holding(s) in Company |
| 01-Mar-13 13:28 | RNS | Total Voting Rights | Holding(s) in Company |
| 28-Feb-13 11:05 | RNS | Director/PDMR Shareholding | Directors' Dealings |
| 21-Feb-13 09:46 | RNS | Holding(s) in Company | Holding(s) in Company |
| 04-Feb-13 15:05 | RNS | Blocklisting Interim Review | Company Announcement - General |
| 04-Feb-13 15:05 | RNS | Blocklisting Interim Review | Company Announcement - General |
| 04-Feb-13 15:02 | RNS | Blocklisting Interim Review | Company Announcement - General |
| 01-Feb-13 14:33 | RNS | Total Voting Rights | Holding(s) in Company |
| 24-Jan-13 07:00 | RNS | Interim Management Statement | Results and Trading Reports |
| 04-Jan-13 16:20 | RNS | Director/PDMR Shareholding | Directors' Dealings |
| 03-Jan-13 15:27 | RNS | Total Voting Rights | Holding(s) in Company |
| 24-Dec-12 13:13 | RNS | Director/PDMR Shareholding | Directors' Dealings |
| 19-Dec-12 14:59 | RNS | Director/PDMR Shareholding | Directors' Dealings |
| 19-Dec-12 14:55 | RNS | Result of Meeting | Results and Trading Reports |
| 18-Dec-12 15:39 | RNS | Rail Disposal Update | Company Announcement - General |
| 05-Dec-12 16:16 | RNS | Director/PDMR Shareholding | Directors' Dealings |
| 03-Dec-12 17:08 | RNS | Total Voting Rights | Holding(s) in Company |
| 30-Nov-12 17:05 | RNS | Circular to Shareholders & Notice of General Mtg | Company Announcement - General |
| 30-Nov-12 15:31 | RNS | Holding(s) in Company | Holding(s) in Company |
| 28-Nov-12 16:40 | RNS | Second Price Monitoring Extn | Company Announcement - General |
| 28-Nov-12 16:35 | RNS | Price Monitoring Extension | Company Announcement - General |
Regulatory news is displayed end of day, each day at 19:00.
