MOBOTIX AG Acquires Vaxtor Group (AI-based Video Analytics / ALPR)

January 17, 2022

MOBOTIX AG has reached an agreement to acquire Vaxtor Group, a Tres Cantos, Spain-based provider of AI-driven video analytics specializing in OCR and Automatic License Plate Recognition (ALPR). The acquisition strengthens MOBOTIX's AI and deep learning capabilities and creates commercial and development synergies between Vaxtor's analytics and MOBOTIX's camera platforms and video management software.

Buyers
MOBOTIX AG
Targets
Vaxtor Group
Location
Community of Madrid, Spain
Transaction Type
Buyout

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