T-Systems Strengthens Urban Mobility Portfolio with GeoMobile Acquisition
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Key Takeaways
⇨ T-Systems acquires GeoMobile, a software company specializing in MaaS platforms for public transport operators
⇨ GeoMobile's platform enables passengers to plan, book, and pay for trips using various modes of transportation from their smartphones
⇨ T-Systems aims to improve its market position in MaaS solutions and in-vehicle intelligence in the DACH region
T-Systems International, a subsidiary of Deutsche Telekom, has announced the acquisition of GeoMobile, a software company based in Dortmund, Germany. The acquisition will strengthen T-Systems’ Transport and Logistics portfolio by adding an IT platform for barrier-free urban mobility. GeoMobile specializes in providing a Mobility-as-a-Service (MaaS) platform to public transport operators, offering a comprehensive range of mobility services tailored to travelers’ needs.
Through the GeoMobile platform, passengers can plan, book, and pay for their trips using various modes of transportation, such as buses, trains, car sharing, and rental bikes, all from their smartphones. Real-time travel information is also provided. The platform consists of a passenger app, hardware components, and a software cloud solution. Communication modules can be retrofitted into vehicles to enable barrier-free driving assistance via smartphones.
With this acquisition, T-Systems will enhance its market position for MaaS solutions and in-vehicle intelligence in the DACH region (Germany, Austria, Switzerland). The company believes that the transformation of mobility is underway, and through mobility platforms, transport companies can meet the challenges of digitalization and offer passengers a seamless and digital experience across different modes of public transportation within a region.
T-Systems sees the GeoMobile acquisition as an opportunity to expand its presence in the public transport sector and achieve synergies through joint product development. GeoMobile’s solutions are being used by twelve transport companies with over 20 million daily passengers. The transaction is expected to provide broader market access and potential synergies for both companies in the DACH region.
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