Under an agreement, Voith will acquire 56% stake in Pilotfish, a Swedish cloud-based applications provider for public transport. The companies agreed not to disclose the purchase price and key terms of the transaction.The management and branding remain unchanged.
Pilotfish has installed systems in over 10 000 buses, trains and trams, in multiple countries.
The company provides applications, hardware and consulting in a portfolio that includes eco-driving, an open standard vehicle communication platform, tachograph download, automatic fault report, navigation and automatic vehicle data transfer directly into cloud-based analytics
Pilotfish generated EUR 6 million revenue in 2018. The company has 30 employees and serves customers in Sweden, Norway, Germany and France. It supplies a range of customers from local businesses to some of the world’s leading bus manufacturers and largest fleet operators in Europe.
Voith has more than 19,000 employees, sales of EUR 4.2 billion and locations in over 60 countries worldwide.
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