Xerox and Mitsubishi Heavy Industries Sign Memorandum of Understanding to Work Together on Intelligent Transport System Proje...
07 October 2015 - 1:00AM
Business Wire
Xerox (NYSE:XRX) and Mitsubishi Heavy Industries (MHI), both
leaders in transportation solutions, today signed a Memorandum of
Understanding to explore, globally, on a case-by-case basis,
potential joint Intelligent Transport System (ITS)
opportunities.
“The ITS offerings of Xerox and MHI complement one another,”
said Ken Philmus, senior vice president, Transportation Services,
Xerox. “Xerox and MHI will seek to find opportunities in which
their combined strengths will provide a better and more competitive
offering for transportation authorities and operators around the
world.”
The parties will focus on electronic toll collection, highway
traffic management, telematics and intelligent urban parking in
which Xerox has proficiency in back-end software and operations,
predominantly in the Americas and Europe, while MHI has strength in
front-end hardware and maintenance, predominantly in Japan and
Asia.
“It is MHI’s objective to expand beyond Japan and Asia,” said
Hiroyuki Toda, general manager, ITS Strategic Business Unit, deputy
head, ICT Solution Headquarters, Mitsubishi Heavy Industries. “We
firmly believe that working with Xerox on particular projects, we
can provide a better offering into the ITS industry.”
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About Xerox
Xerox is helping change the way the world works. By applying our
expertise in imaging, business process, analytics, automation and
user-centric insights, we engineer the flow of work to provide
greater productivity, efficiency and personalisation. We conduct
business in 180 countries, and our more than 130,000 employees
create meaningful innovations and provide business process
services, printing equipment, software and solutions that make
a real difference for our clients – and their customers. Learn more
at www.xerox.com.
About Mitsubishi Heavy Industries
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo,
Japan, is one of the world’s leading heavy machinery manufacturers,
with consolidated sales of 3,992.1 billion yen in fiscal
2014, the year ended March 31, 2015. MHI’s diverse line-up of
products and services encompasses shipbuilding, power plants,
chemical plants, environmental equipment, steel structures,
industrial and general machinery, aircraft, space systems and
air-conditioning systems.
For more information, please visit the MHI website:
http://www.mhi-global.com/index.html.
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Xerox® and Xerox and Design® are trademarks of Xerox in the
United States and/or other countries.
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version on businesswire.com: http://www.businesswire.com/news/home/20151006005196/en/
Xerox Media:XeroxRobert Corbishley, +44 (0)1895 84
3239mobile: +44 (0)7703
516569robert.corbishley@xerox.comorMitsubishi Media:Daiya PR
for Mitsubishi Heavy Industries, Ltd.Hideo Ikuno,
+813-6716-5277h.ikuno@daiya-pr.co.jp
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