Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. A leader in industrial AI, Siemens leverages its deep domain know-how to apply AI – including generative AI – to real-world applications, making AI accessible and impactful for customers across diverse industries. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. In fiscal 2025, which ended on September 30, 2025, the Siemens Group generated revenue of €78.9 billion and net income of €10.4 billion. As of September 30, 2025, the company employed around 318,000 people worldwide on the basis of continuing operations.
A leader in the transportation industry, TransCore provides innovative, technical solutions and engineering services for next-generation Open Road Tolling and Traffic Management systems. The company operates award-winning tolling customer service centers for transportation agencies throughout the U.S. and internationally. A pioneer in Radio Frequency Identification systems used in the transportation industry, TransCore secures access for airports, hospitals, parking garages, trucking fleets, and the rail industry.
TransCore is a wholly-owned subsidiary of ST Engineering, a global technology, defense, and engineering group with a diverse portfolio of businesses across the aerospace, smart city, defense, and public security segments.
Econolite, founded in 1933, is a leading provider of intelligent transportation systems (ITS), including comprehensive transportation management solutions that include advanced signal controllers, video and radar detection technologies, cloud based traffic management software, and full lifecycle ITS services spanning system design, integration, operations, and maintenance. Guided by its mission of “Saving Lives Through Improved Mobility,” the company emphasizes innovation, customer first values, and continuous improvement across every aspect of the organization.
As a core member of Umovity, the mobility technology group formed to accelerate the future of connected and autonomous transportation, Econolite is a fundamental enabler in delivering integrated, end to end roadway intelligence hardware and software solutions. Through this partnership, Econolite’s industry leading data-driven traffic management systems are combined with complementary sensing, analytics, and AI powered capabilities across the Umovity portfolio, empowering agencies to advance dynamic multimodal coordination, Vision Zero safety initiatives, and Connected and Automated Vehicle (CAV) infrastructure at scale.
Headquartered in Anaheim, California, Econolite serves transportation agencies across North America, maintaining one of the largest installed bases of traffic controllers, sensors, and central traffic management systems. Together with Umovity, the company continues to shape safer, equitable, and more sustainable roadway networks that better connect communities today and enable the mobility ecosystems of tomorrow.
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