Parsons is pleased to announce that it has acquired Delcan Technologies Inc., a products firm focused on providing innovative transportation solutions to the Intelligent Transportation Systems market. Delcan Technologies Inc. is a strategic addition to Parsons and signals the firm’s intent to expand its geographic footprint as well as its service and product offerings in transportation, one of the corporation’s four key market areas. This transaction furthers Parsons’ ongoing commitment to the application of technology to provide the most safe and efficient roadways possible.
Delcan Technologies Inc. has extensive expertise in creating reliable, off-the-shelf products and possesses an unmatched expertise in National Transportation Communication for ITS Protocol (NTCIP) based deployments, positioning the firm as the leader in standards-based, technology driven projects. Delcan Technologies Inc.’s expertise will be enhanced by Parson’s geographic reach, international experience, and industry knowledge.
“This bold step forward solidifies Parsons’ commitment to providing the most efficient roadways possible and the expansion of our transportation business line as well as our suite of technology offerings,” said Chuck Harrington, Parsons Chairman and CEO. “Moreover, the shared heritage of Parsons and Delcan Technologies Inc. combined with our shared values further strengthens the strategic and cultural fit of the organizations.”
An acknowledged leader in ITS, Delcan Technologies Inc. will further strengthen Parsons’ offerings in this area across all markets.
“Delcan Technologies Inc. has long prided itself on working with the most talented customers and colleagues in the industry. We are passionate about delivering innovative products and believe that this acquisition will allow us to accomplish these worthy goals on an even greater scale,” said Jim Kerr, Chairman and CEO of Delcan. “I look forward to working with Parsons to ensure that our customers continue to receive the best service possible.”
Harrington added, “We’re enthusiastic to welcome our new colleagues to the Parsons team. They are innovative and technically savvy, and this combination will enable us to achieve even greater success.”
With revenues of $3 billion in 2013, Parsons is one of the largest transportation planning, engineering, and construction firms in the world, having successfully delivered 10,000+ miles of roads and highways, 4,500+ bridges, and 400+ airports worldwide. The corporation’s extensive portfolio of diverse transportation projects includes rail and transit, road and highway, bridge and tunnel, and aviation infrastructure. Parsons’ expertise encompasses all phases of transportation engineering operations, from the initial planning stage through final design, construction, commissioning, maintenance, and financing.
Parsons, celebrating nearly 70 years of growth in the engineering, construction, technical, and professional services industries, is a leader in many diversified markets, with a focus on transportation, environmental/infrastructure, defense/security, and resources. Parsons delivers design/design-build, program/construction management, and other professional services packaged in innovative alternative delivery methods to federal, regional, and local government agencies, as well as to private industrial customers worldwide. For more about Parsons, please visit www.parsons.com.