Thales announced it will develop a "digital factory" to accelerate the company's digital transformation. The new entity will host an incubator for internal and external startups, as well as a "digital academy" to promote digital culture across the company, Thales officials said in a press release. The factory will bring together experts in key digital technologies to serve Thales' five core markets, including ground transportation. By 2018, Thales will recruit 150 experts internally and externally. To finance the new initiative, Thales will invest more than $160 million over three years. Meanwhile, startup campus STATION F selected Thales to manage its cybersecurity program. Thales' initial mission will be to accelerate 20 startups by providing advice, technical expertise and access to technology.
CTC Inc. of Fort Worth, Texas, will mark its 10th year of business this year. Since it began operations in 2007, the communication and signal systems provider has grown from a three-employee shop to a network of more than 50 offices across the United States. CTC's products are deployed on some of North America's most complex grade crossing intersections, company officials said in a press release. CTC's services and products include grade crossing design, quiet zone implementation, and rail signal engineering and design.
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