Federal Signals acquires Sirit

Tuesday, 09 February, 2010 (Age: 207 days)

Sirit, a leading provider of RFID and Federal Signal Corporation, a leader in environmental, safety and transportation solutions, have announced that they have signed a definitive agreement whereby Federal Signal will acquire all of the issued and outstanding common shares of Sirit.

Sirit’s application portfolio includes tolling, electronic vehicle registration, parking and access control, asset management, cashless payments and supply chain systems. The combination of expertise is expected to transform Federal Signal into a leader in intelligent transport systems.

Category: RFID, Smart Cards, Data Collection