Siemens Mobility announced that it is acquiring RailTerm. RailTerm is a Canadian-based transportation company that provides rail operation services including dispatching, track and signal maintenance, as well as intermodal terminal management and serves more than 70 clients around the world.

With this acquisition, Siemens Mobility in Canada will expand its existing portfolio with on-the-ground track and signaling, electrification and communication systems and create jobs in an innovative digital industry.