Its analysis technology, used in combination with MOBOTIX cameras, enables the automated capture of, among other things, letters, numbers, or other machine- and human-readable data, and allows for the cost-effective recording and processing of this information at high speed and the activation of any related process.
"This acquisition is an important step in our strategy to strengthen our Artificial Intelligence and Deep Learning capabilities, and although Vaxtor will continue to operate as an independent company, it is based on compelling commercial and development synergies and clear strategic benefits for both parties," says Thormas Lausten, CEO of MOBOTIX.
Juan Vercher, CEO and founder of Vaxtor, stated: "I am delighted with the opportunities this acquisition brings to Vaxtor. Not only can we continue operating as an independent company and grow our existing business relationships, but the opportunity for closer strategic collaboration, both technically and commercially, with a company of MOBOTIX's caliber is exactly the catalyst needed to drive our ambitious growth strategy.".
