12 Facts About Kapsch

1.

Kapsch Group, headquartered in Vienna, Austria, is an international corporation specializing in telematics, information technology and telecommunication.

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2.

In September 1892, Johann Kapsch founded a precision engineering workshop in Vienna, with the state-owned and operated Post- und Telegraphenverwaltung among its first clients.

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3.

In 1923, Kapsch started to manufacture radios, with the first TV sets following in 1955.

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4.

That same year, Kapsch was involved in the introduction of the digital telephone infrastructure in Austria and Hungary.

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5.

In 2014, Kapsch TrafficCom acquired Advanced Traffic Management Software provider Transdyn.

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6.

In 2015, Kapsch CarrierCom acquired a controlling stake in Streetline, Inc, a provider of smart parking solutions based in California.

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7.

Kapsch was accused of using the Electronic Toll Collection Pty to launder bribes for Zambian politicians.

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8.

In 2001, Kapsch AG bought the majority of former Schrack BusinessCom AG, which was merged with the Kapsch Enterprise division.

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9.

Kapsch TrafficCom AG is an international supplier of "intelligent road traffic telematic solutions".

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10.

Kapsch develops and sells products, systems and services primarily for electronic toll collection systems and specializes in solutions for open road tolling, multi-lane free-flow and high occupancy tolling.

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11.

Kapsch has performed 210 installations in 35 countries in Europe, Australia, North America, Latin America, Middle East, Asia Pacific and in South Africa, and about 13 million on-board units and over 11,300 equipped lanes.

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12.

In 2014, Kapsch acquired Atlanta-based Transdyn Inc from Powell Industries, establishing Kapsch TrafficCom NA in the United States.

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