Daily News Blog

Visy acquires Finnish provider of access control and traffic management solutions

Finnish gate automation and OCR solutions provider for container terminals and industrial sites Visy announced that the acquisition of its compatriot Vidamin Oy, a provider of access control and traffic management solutions established in 2008, was completed on 31 December 2024.
Vidamin will now function as a subsidiary of Visy, enhancing its capabilities within a larger technological ecosystem and strengthening its market presence.
Vidamin has integrated its new parent company’s license plate recognition software into its access control systems for years.
“This collaboration unlocks significant synergies, allowing both companies to enhance their offerings with more intelligent, secure, and comprehensive traffic and access management solutions,” noted Tomi Korpelainen, CEO of both Visy Oy and the VisionSense Technologies group.
Vidamin is renowned for its expertise in intelligent traffic management systems, delivering scalable solutions suitable for both compact spaces and large corporate infrastructures. Its modular access management platform features vehicle recognition, seamless third-party system integration, and industry-specific customization options to address a wide range of requirements.
“The two companies will retain their respective product lines while strengthening their cooperation to meet evolving market demands. In the future, we can deliver even more effective and integrated access management solutions that prioritize automation and safety,” stated Kari Arvonen, CEO of Vidamin Oy.
“Joining forces presents an incredible opportunity for Vidamin to reach new heights. Together, we are stronger, with enhanced resources and expertise in the field,” he added.
click hear for the reference>

Port of Oakland surpasses 2 million TEUs in 2024

Read More>>
February 3, 2025

More industrial unrest in Bangladesh .......

Read More>>
January 30, 2025

Carriers divert Indian cargo to avoid ......

Read More>>
January 30, 2025

India needs to get market-ready ......

Read More>>
January 30, 2025