Japanese conglomerate Hitachi this week cleared the final regulatory hurdle for its rail subsidiary to go forward with plans for a €1.7 billion (US$1.8 billion) acquisition of France-based Thales Ground Transportation Systems. GTS includes the Thales fare-system supplier business.
But Hitachi has said little so far about what it plans to do with the fare-system business, outside of vague references to helping Hitachi with its mobility-as-a-service, or MaaS, offer.