Wabtec Corporation (WAB) announced that it has completed the acquisition of Frauscher Sensor Technology Group GmbH (Frauscher) for an enterprise value of €675 million in cash. The purchase price marks ...

Wabtec broadened its digital rail capabilities by buying Frauscher Sensor Technology Group, aiming to pair its portfolio with technology designed to strengthen safety, capacity and efficiency for rail ...

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The acquisition will help Wabtec enhance its Digital Intelligence business with complementary railway signalling technologies. Credit: JHVEPhoto/Shutterstock.com. Wabtec has completed the acquisition ...

PITTSBURGH--(BUSINESS WIRE)-- Wabtec Corporation (NYSE: WAB) announced today that it has finalized the acquisition of Frauscher Sensor Technology Group GmbH (“Frauscher”), a global market leader in ...

Wabtec Corporation (NYSE: WAB) announced today that it has finalized the acquisition of Frauscher Sensor Technology Group GmbH (“Frauscher”), a global market leader in train detection, wayside object ...

Americans planning holiday travel may be facing some of the worst flight delays in years. Although the government shutdown has ended, it could take months for air travel to fully recover. High-speed ...

NORFOLK, Va. (WAVY) — A former councilwoman has launched an app that she hopes can eventually revolutionize how the nation deals with a continual complaint: blocked railroad crossings. Thursday, ...