Enghouse Systems Limited announced it has acquired Telexis Solutions B.V. and Telexis B.V. with annual revenue of approximately $18.8 million.
Headquartered near The Hague, Netherlands, Telexis Solutions is an innovative technology provider offering public transport agencies/operators end-to-end e-ticketing solutions. It includes automated fare collection, sales and services, value added services, inspection and corresponding back office solutions. The solutions offer transit agencies/operators, ferry services and parking facilities a more efficient, fully integrated, hardware independent and scalable platform to provide high quality customer service and enhance revenue retention.
“Telexis Solutions has a strong position in the Dutch market with systems that are a natural extension to Enghouse Transportation solutions,” said Brad Cameron, General Manager, Enghouse Transportation. “This acquisition will improve our ability to penetrate new geographies, expand our Public Transit vision and complement our existing solutions. We are very pleased to welcome Telexis Solutions’ customers and employees to the Enghouse Transportation family.”
Toofan Otaredian, CEO of Telexis Solutions, stated, “We are excited and look forward to joining and contributing to the success of the Enghouse team. Our complementary e-ticketing portfolio combined with Enghouse’s capabilities will improve the position of Enghouse Transportation as a leading provider of Public Transit software solutions in the global market and improve the quality, continuity and sustainability of our services to Telexis Solutions’ customers.”
