Announced
Completed
Financials
Tags
Single Bidder
Cross Border
Private
Acquisition
Majority
Transportation Services
tolling solutions
Friendly
RFID
United States
Completed
Synopsis
Singapore Technologies Engineering, a technology, defense, and engineering group, completed the acquisition of the toling solutions providers TransCore and TLP Holdings from Roper Technologies, a diversified technology company, for $2.68bn. “Our acquisition of TransCore marks a significant expansion to our world-class Smart Mobility portfolio. Together, underpinned by our complementary strengths in technology and innovation, we will be well-positioned to meet existing and new demands from customers and capture new opportunities to accelerate our Smart City growth,” Chew Men Leong, ST Engineering President.
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