Acquiring Company
Westinghouse Air Brake Technologies
Acquired Company
Evident Inspection Technologies Division
PittsburghBostonManufacturingTransportationManufacturingDescription
Wabtec Corp. has successfully completed the acquisition of Evident’s Inspection Technologies division, transitioning from Olympus Corp. This acquisition is expected to accelerate Wabtec's growth and enhance its market capabilities. It effectively doubles Wabtec's total addressable market from $8 billion to $16 billion. Financial terms were not disclosed.
Quick answer
Westinghouse Air Brake Technologies is acquiring Evident Inspection Technologies Division, announced July 2, 2025. Westinghouse Air Brake Technologies is based in Pittsburgh, Pennsylvania, United States.
- How much did Westinghouse Air Brake Technologies pay for Evident Inspection Technologies Division?
- The deal value was not disclosed.
- What does Westinghouse Air Brake Technologies do?
- Westinghouse Air Brake Technologies Corporation operates in the transportation and rail industry, specializing in the manufacturing of advanced braking systems and related products for rail and transit vehicles.
- Where are Westinghouse Air Brake Technologies and Evident Inspection Technologies Division based?
- Westinghouse Air Brake Technologies is based in Pittsburgh, Pennsylvania, United States. Evident Inspection Technologies Division is based in Boston, Massachusetts, United States.
- Who are the decision-makers at Westinghouse Air Brake Technologies?
- Fundz holds 4 contacts at Westinghouse Air Brake Technologies. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Westinghouse Air Brake Technologies, and when
When Westinghouse Air Brake Technologies changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Westinghouse Air Brake Technologies raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Westinghouse Air Brake Technologies, from your own LinkedIn network
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Frequently asked
Who acquired Evident Inspection Technologies Division?
Evident Inspection Technologies Division was acquired by Westinghouse Air Brake Technologies, based in Pittsburgh. The deal was reported on July 2, 2025. Westinghouse Air Brake Technologies Corporation operates in the transportation and rail industry, specializing in the manufacturing of advanced braking systems and related products for rail and transit vehicles. Westinghouse Air Brake Technologies is publicly traded (WAB) and operates in Manufacturing.
When did Westinghouse Air Brake Technologies acquire Evident Inspection Technologies Division?
Westinghouse Air Brake Technologies's acquisition of Evident Inspection Technologies Division was reported on July 2, 2025. Wabtec Corp. has successfully completed the acquisition of Evident’s Inspection Technologies division, transitioning from Olympus Corp. This acquisition is expected to accelerate Wabtec's growth and enhance its market capabilities. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Evident Inspection Technologies Division do?
Evident’s Inspection Technologies and Microscopy divisions were established in 2022 when Olympus Corporation spun off its Scientific Solutions Division to form a new company. It is privately held, operating in Manufacturing, and is based in Boston.
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