ALSTOM SA: Alstom reinforces its digital offering with the acquisition of 21net, expert in onboard internet
March 06 2018 - 11:46AM
Alstom reinforces
its digital offering with the acquisition of 21net, expert in
onboard internet
6 March 2018
- Alstom has signed a purchase agreement for the acquisition of
21net, from the Innovacom fund and other investors. 21net is a
provider of on-board Internet and passenger infotainment for the
railway industry. Its on-board connectivity solution is based on
multiple technologies such as satellite, cellular and high-speed
wireless from trackside antennas. The company is headquartered in
the UK with subsidiaries in Belgium, France, Italy and India. It
employs 50 people and its turnover represented around €16 million
in 2017.
Founded in 2001, the company has
developed over the years an expertise in end-to-end network design
and optimization for broadband Internet on high-speed trains. The
company notably installed Wi-Fi equipment for high-speed trains in
France with a contract signed with SNCF in 2016. Alstom has already
worked with 21net on the Wi-Fi and infotainment equipment of the
NTV train fleet in Italy.
"This new
acquisition, one year after that of Nomad Digital, will reinforce
Alstom's digital offering and expertise. The demand for seamless
connectivity throughout passengers' journey is today a must. Alstom
will support operators in the acceleration of digital trends
worldwide" declares Jean-François Beaudoin, Senior
Vice-President for Digital Mobility at Alstom.
"Innovacom has
been pioneering the development of new technologies through
start-ups and then consolidating them within leading companies for
30 years. We are pleased with this new concretization of the open
innovation process to the benefit of all parties," adds Vincent
Deltrieu, Partner at Innovacom.
The closing of the transaction is
expected in one month from now. Alstom will begin integrating 21net
into the Group from then.
About
Alstom
As a promoter of sustainable mobility, Alstom
develops and markets systems, equipment and services for the
transport sector. Alstom offers a complete range of solutions (from
high-speed trains to metros, trams and e-buses), passenger
solutions, customised services (maintenance, modernisation),
infrastructure, signalling and digital mobility solutions. Alstom
is a world leader in integrated transport systems. The company
recorded sales of €7.3 billion and booked €10.0 billion of orders
in the 2016/17 fiscal year. Headquartered in France, Alstom is
present in over 60 countries and employs 32,800 people. www.alstom.com
Press
contacts
Christopher English - Tel. + 33 1 57 06 36 90
christopher.a.english@alstomgroup.com
Investor
relations
Selma Bekhechi - Tel. + 33 1 57 06 95 39
selma.bekhechi@alstom.com
Julien Minot - Tel. + 33 1 57 06
64 84
julien.minot@alstom.com
PR_Alstom_21net - MU
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Source: ALSTOM SA via Globenewswire
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