OEM Technology Solutions, based in Sydney, Australia, has been part of the DUAGON-MEN-GROUP since the beginning of April. The merger of the companies underlines the positioning of the group as a leading provider of communication, control and computing solutions for rail vehicles.
DUAGON-MEN-GROUP signed an agreement to acquire 100% of the shares of OEM Technology Solutions based in Sydney, Australia. OEM Technology Solutions (www.oem.net.au/) develops and produces control and automation products for the global railway market. In addition to controllers, I/O products and gateways, OEM Technology Solutions offers cloud software services for diagnostics and Condition-Based Monitoring (CBM). OEM's controllers and communication gateways provide owners, operators, train builders, maintainers and subsystem suppliers with the means to collect data necessary to perform CBM, thus maximizing availability and minimize maintenance costs.
Together, the group will strengthen its position as the leading independent global technology provider for railway software and electronics and the DUAGON-MEN-GROUP is committed to further investment in the R&D Centre in Sydney. The headquarters of OEM Technology Solutions will act also as a sales and support center for the products of the DUAGON-MEN-GROUP in Australia and Asia Pacific. Similarly, the global duagon-MEN-GROUP organization with on-the-ground service hubs in Switzerland, Germany, China, France and USA will provide support for all of OEM Technology Solutions’ products and services.