Tag: HITACHI

Hitachi buys rail tech division from Thales, targets German growth

A construction vehicle by Hitachi is seen at the Bauma building fair in Munich. Peter Kneffel/Deutsche Presse-Agentur GmbH/dpa France’s Thales has finalized the sale of its rail technology division to its Japanese competitor Hitachi, both firms said on Friday. According to Hitachi, it is paying €1.66 billion ($1.8 billion) for the division, which is primarily […]