M&A Deal Summary

Vaxtor Acquires RoadPixel

On September 26, 2018, Vaxtor acquired information technology company RoadPixel

Acquisition Highlights
  • This is Vaxtor’s 1st transaction in the Information Technology sector.
  • This is Vaxtor’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2018-09-26
Target RoadPixel
Sector Information Technology
Buyer(s) Vaxtor
Deal Type Add-on Acquisition

Target

RoadPixel

Welwyn Garden City, United Kingdom
RoadPixel Ltd. is a provider of Automatic Number Plate Recognition (ANPR) solutions. RoadPixel Ltd. was founded in 2012 and is based in Welwyn Garden City, United Kingdom.

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Buyer(S) 1

Buyer

Vaxtor

Woodford Green, United Kingdom

Category Company
Founded 2007
Sector Information Technology
DESCRIPTION

Vaxtor has specialized in ALPR and related OCR products for the following market segments since 2016: Parking, Access Control, Security, Traffic and Toll, Law Enforcement, and Smart Cities. Offerings are tailored to solve real-world problems on diverse hardware platforms. Software development is 100% in-house. Vaxtor operates in three MOBOTIX target markets (Europe, Asia and North America). Vaxtor's OCR technology is among the most advanced in the world; its cross-platform offerings are considered reliable, flexible and easy to integrate. Vaxtor was founded in 2007 and is based in Woodford Green, Essex.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2018 M&A 1 of 1