Cracking deal for this automotive tester?
An automotive testing specialist covered in our update here appears to have pulled off a cracking acquisition, extending its geographic reach and also adding further specialism in electric vehicles. Elsewhere there were meaningful upgrades for a rapidly growing professional services group. Find out more about these exciting small caps in our update here.
Tracsis: contract win in North AmericaTracsis (LON:TRCS), the leading provider of software, hardware, data analytics/GIS and services for the rail, traffic data and wider transport industries, has been awarded new contracts for the supply of Remote Conditioning Monitoring ('RCM') Hardware and Software to a major North American transit agency. This win represents a strategically important milestone for Tracsis, as North America is an important future growth market for our Rail Technology & Services division. The new contracts are expected to be delivered during the remainder of this financial year, although there was no indication of value. No change to broker…