Sydney-based connected driver advisory system (DAS) developer, TTG Transportation Technology (TTG), has been purchased by Modaxo, a Toronto-based transportation technology group.
TTG has been developing driver advisory tools that improve energy efficiency, enable trains to run more precisely to schedule, increase network capacity while minimising maintenance costs. The technology has been deployed in Australia and New Zealand, as well as on SNCF, Arriva, First Group, and Abellio operations.
The technology has been used by a variety of operators, including passenger, freight, and heavy haul, and across diesel and electric trains, including 320 km/h very high-speed trains. Over 8,000 fixed and portable units have been installed globally.
Dale Coleman, founder and owner of TTG, said the partnership with Modaxo would enable the company to expand further.
“Joining a large, stable, and successful global organisation like Modaxo is a great move for TTG. Modaxo provides us with new opportunities and the ability to further develop our people and our rail technology products,” he said.
Bill Delaney, CEO of Modaxo, said that with the acquisition, Modaxo would grow its capacity in the rail sector.
“We are pleased to expand our rail offering through TTG and welcome Dale and the team to Modaxo,” he said. “Together, with our other businesses servicing the rail sector, we have a tremendous opportunity to collaborate and build a bright future for rail travel and sustainable mobility across the globe.”
TTG’s solutions become part of Modaxo’s overall rail solutions portfolio offered through Trapeze Group in ANZ.