Transoft Solutions Acquires CGS Labs
Summary
Transoft Solutions acquired CGS Labs, adding specialized software for transport infrastructure design, weather information systems, and environmental monitoring to its portfolio. The combined company expects stronger road design, rail, and waterways offerings by merging their product lines and technical expertise. Transoft also plans to use the deal to expand sales across EMEA and other regions where both companies already have market presence. CGS Labs brings BIM and predictive road weather software, which broadens Transoft’s civil and transportation software stack.
Classifications
industries
Engineering
applications
AI & Machine learning
AskAI Classifications
Labels
Civil Engineering Software
Transportation Planning Software
Aviation Software
Linked Companies
Transoft Solutions Inc.
$10M to $25M
CGS Labs
$1M to $5M