Select Page

RFID Software company in Europe to buy

  • Revenue: 2-20M EUR
  • Employees: not decisive
  • Location of the target: Europe
  • Reason for acquisition: The company is a well-established RFID software company. It has a strategy for growing its operations in Europe via acquisitions, therefore the management is open to speaking to interested sellers
  • #CFIE ITB086

Overview of the Buyer for RFID Software company in Europe

This buyer company that is looking for RFID software companies is in continuous growth and expansion, is a well-established player in the market registering an annual turnover of more than 35M Eur. The main activity of this enterprise is working on toll collection systems. The team is building free flow toll collection systems, tollgate toll collection systems with or without barrier. RFID labels and RFID cards are in the product range. The buyer is interested in buying a tech company related to its business scope in order to expand the business in Europe. Target companies should be stable on the market and should register revenues ranging from 2-20M Euro. The buyer is looking forward to hearing and discussing with potential sellers. Companies that are interested to see more information and references about the buyer can contact CFIE team through messages.

Profile (strategy) of the Buyer for RFID Software company in Europe

The buyer company is specialized in delivering toll collection system solutions that meet all the necessary requirements in terms of integration, multi-lane free-flow, parking and transportation. This is applicable for transportation by ferry, on private and state highways. Systems of high technology help in monitoring the traffic and multi-lane free flowing tolling solutions enable a sure, effective and fast flow for the traffic. To achieve its purpose, these systems perform various functions such as vehicle detection, classification, tag reading and car plate recognition. For very good results, aside from diverse factors such as high/low speed and tailgating, the systems need specific devices such as RFID and DSRC tag reading and other tools for ANPR plate recognition.
RFID incorporates technologies for tags, readers and software/services that help in the identification of an object or product. RFID supports in automatic identification and data capturing, an RFID tag attached to a vehicle enables the tracking of that car. For its functionality, RFID devices are used in various lane controller systems and enable vehicle identification for the purpose of toll calculation. Once the information and the images about the identified car are received, the system will produce and send the message to a gate control center that will calculate the toll. The system has a very high rate of recognition and identification (very close to 100%) no matter the environmental conditions. The information it will bring regarding a vehicle could be data such as class, speed, direction, location, length and number of axle. Aside from toll collection systems, RFID devices are used by the company in other systems for monitoring service, alarm generating, disaster recovery, etc.
Subscribe as an interested seller
Contact us to get details about this buyer for RFID software company in Europe

Activities and products of the RFID Software target company

The buyer is looking to acquire a company that operates in the same activity and has similar services and capabilities such as:
Services:
  • RFID tag production & sales
  • Transition Management
  • Software development & integration
  • Database design and development
  • System operation and maintenance
  • IT projects development and applications
  • Violation Management
Capabilities:
  • RFID readers
  • Toll collection system design & hardware
  • Free flow systems
  • Tollgate toll collection systems (barrier/barrier free)
  • Tollgate integration solution
  • Collection system applications
  • Automatic Vehicle Identification & Classification (AVI & AVC)
  • Transition system applications & solutions
  • Customer information module
  • Real time data transfer & monitoring

Highlights of the Buyer for RFID Software company in Europe

  • The buyer is active in providing toll collection systems
  • The company has decided to enlarge its activities in Europe and is looking to buy another company with similar products
  • Target companies should be stable on the market

More information on this buyer for RFID Software company in Europe

Please get in touch if you are interested in learning more about this buyer for RFID Software company in Europe. For more software companies for sale please visit the section software companies for sale. For other software buyers, please visit the section software companies wanted. If you are instead interested in ict companies for sale, please visit the ict companies for sale section. For ict buyers, please visit the section ict companies wanted.

Subscribe as a seller for this Software buyer

en_GBEnglish (UK)