Company Details
Ascom AG was created in 1987 through a merger between three major telecommunications companies in Switzerland, although its origins can ultimately be traced back to the establishment of the Swiss Federal Telegraph Workshops in 1852. The Autelca AG division, which had been acquired in 1963 by one of Ascom AG's constituent companies, was involved in the manufacture of ticket vending machines (TVMs); it provided British Rail with the B8050 self-service machine, hundreds of which were installed at stations across Britain from 1989 onwards.
The EasyTicket system was developed while the Transport Revenue division, as it was then known, was still under Ascom's ownership; but as part of an attempt to focus on the telecommunications sector, the division was sold in August 2005 to Affiliated Computer Services, Inc for 130 million Swiss Francs.
Read more about this topic: Ascom Easy Ticket
Famous quotes containing the words company and/or details:
“There is no such thing as the Queens English. The property has gone into the hands of a joint stock company and we own the bulk of the shares!”
—Mark Twain [Samuel Langhorne Clemens] (18351910)
“If my sons are to become the kind of men our daughters would be pleased to live among, attention to domestic details is critical. The hostilities that arise over housework...are crushing the daughters of my generation....Change takes time, but mens continued obliviousness to home responsibilities is causing women everywhere to expire of trivialities.”
—Mary Kay Blakely (20th century)