Canadian transit tech company Modaxo has acquired SISCOG, a Portuguese software developer focused on rail and transport optimization. The deal expanded the portfolio of Constellation Software Modaxo acquisitions.
Acquisition of Transport Optimization Tech
Founded in Portugal, SISCOG developed software for public transport planning. Rail operators use SISCOG transport optimization software to manage schedules, fleet deployment, and daily operations.
The acquisition expands Modaxo’s presence in European transit technology. Tech professionals and market analysts following corporate updates can read tech industry news.
Headcount Adjustments Follow Ownership Shift
SISCOG was long known for workplace stability and low employee turnover. However, the company experienced major changes after the buyout. LinkedIn data shows a 22% headcount drop over the following year.
The post-merger integration restructured internal teams while keeping core software products active as Modaxo acquires SISCOG. Developers looking for new roles in the sector can browse tech jobs in Portugal.
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