Siemens and Alstrom ‘still firm competitors’ despite impending merger

Despite next year’s merger, Alstom are currently ‘still firm competitors’, insisted Siemens Mobility’s CEO Gordon Wakeford. Through the agreement, Siemens Mobility will combine its rail traction and drive business with Alstom. The Siemens subsidiary has also won a contract with Transport for London (TfL) to upgrade the algorithms and systems which control traffic in London. “Once that's done we can upgrade traffic controls throughout the UK and work with TfL in exporting that around the world,” Wakef
July 18, 2018
Despite next year’s merger, 8158 Alstom are currently ‘still firm competitors’, insisted 120 Siemens Mobility’s CEO Gordon Wakeford.


Through the agreement, Siemens Mobility will combine its rail traction and drive business with Alstom. The Siemens subsidiary has also won a contract with Transport for London (TfL) to upgrade the algorithms and systems which control traffic in London.

“Once that's done we can upgrade traffic controls throughout the UK and work with TfL in exporting that around the world,” Wakeford added at a meeting with journalists.

The company is also hoping to be the preferred bidder for the rolling stock supply for Deep Tube for London's Piccadilly Line.

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