Hitachi Rail to acquire Omnicom from Balfour Beatty.

Hitachi Rail, a rolling stock and railway signalling manufacturing company, agreed to acquire Omnicom, a digital rail monitoring company, from Balfour Beatty, an infrastructure group. Financial terms were not disclosed. “This is a strategic acquisition for Hitachi Rail. Plugging Omnicom’s pioneering track monitoring tools into our digital asset management platform, will further strengthen our global offer to optimize customers’ rail services and the surrounding infrastructure. New technological solutions such as our HMAX platform demonstrate the power of AI to enhance the performance of our railway infrastructure and systems,” Giuseppe Marino, Hitachi Rail CEO.