Siemens invests in remote monitoring specialist Wi-Tronix

Siemens has made a 'significant' investment in Wi-Tronix, which supplied monitoring systems for Amtrak ACS-64 electric locomotives.

USA: Siemens announced on October 9 that it had made a ‘significant’ equity investment in Wi-Tronix, which provides remote monitoring, video analysis and predictive diagnostic software as a service for rail infrastructure and rolling stock operators. Terms were not disclosed, and Wi-Tronix is to remain a standalone, founder-led company.

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