TransWay

Company Overview

Snapshot

Founded in August 1994, TransWay operated with 11–50 employees. The company was acquired by O.R.T. Technologies in December 2015.

Business overview

TransWay specializes in fare-collection solutions for public transportation, offering an end-to-end system that includes ticket-issue stations, validators, portable sales and validation devices, and a back-office system for data and reports. Its Ticket Management System aims to provide a smooth, quick, and safe environment for mass transit passengers, employees, and management. The automated ticketing machines and consoles enable passengers to board buses without delay, allowing drivers to focus on driving. The system also provides bus companies with updated and accurate information regarding bus lines and travel statistics. TransWay operates in the Automotive & Mobility Technologies sector, serving the public utilities and smart mobility markets with its B2B and B2G business models.

Company Intelligence Q&A

What is TransWay's primary focus?

TransWay specializes in fare-collection solutions for public transportation, providing an end-to-end system for ticket issuance, validation, and back-office management.

When was TransWay founded?

TransWay was founded in August 1994.

What is the core product offered by TransWay?

TransWay's core product is its Ticket Management System, which includes automated ticketing machines and consoles designed to streamline public transport operations.

Which markets does TransWay serve?

TransWay serves the public utilities and smart mobility markets, operating with B2B and B2G business models.

When was TransWay acquired?

TransWay was acquired by O.R.T. Technologies in December 2015.