3M to sell its tolling and ANPR business

3M has entered into agreements to sell its tolling and automated license/number plate recognition business, which is part of 3M’s Traffic Safety and Security Division, to Neology, a provider of integrated solutions for tolling, electronic vehicle registration and public safety applications. Neology is a subsidiary of Smartrac, a portfolio company managed by One Equity Partners, a middle-market private equity firm. 3M’s tolling solutions include RFID readers and tags, automatic vehicle classification systems
May 12, 2017 Read time: 1 min
4080 3M has entered into agreements to sell its tolling and automated license/number plate recognition business, which is part of 3M’s Traffic Safety and Security Division, to 8297 Neology, a provider of integrated solutions for tolling, electronic vehicle registration and public safety applications. Neology is a subsidiary of 6370 Smartrac, a portfolio company managed by One Equity Partners, a middle-market private equity firm.


3M’s tolling solutions include RFID readers and tags, automatic vehicle classification systems, lane controller and host software, and back office software and services. It also provides mobile and fixed cameras, software and services in automated license/number plate recognition. The business has annual global sales of approximately US$40 million.

Detection, Monitoring & Machine Vision Charging, Tolling & RUC

Related Content

  • July 18, 2012
    Priority for safety and interoperability, need for DSRC
    Justin McNew, Chief Technology Officer, Kapsch TrafficCom Inc., USA offers his opinion of where 5.9GHz DSRC technology will head in the coming years. The debate ranges back and forth over the most suitable technological solution for future tolling and charging in the US. However, the coming trend is common cooperative infrastructure: instrumented roads and vehicles with the capacity to communicate with each other over all manner of safety, mobility and traveller applications, many of which will involve fina
    Read More
  • May 2, 2019
    US lawmakers support Kapsch TrafficCom in Neology dispute
    US lawmakers have supported Kapsch TrafficCom in its patent dispute with Neology. The US Court of Appeals for the Federal Circuit has upheld an earlier International Trade Commission (ITC) ruling, which said that Kapsch did not violate any of Neology’s patent claims by importing electronic tolling products using the ISO/IEC 18000-6C communications protocol (6C Standard). The Federal Circuit decision confirms the right of industry suppliers to market, sell and distribute 6C Standard tolling tags and re
    Read More
  • June 5, 2018
    Russia 2018 World Cup: ITS can win it
    Teams and supporters will cover vast distances in Russia for the 2018 FIFA World Cup. Stephane Clauss from Sony Europe’s Image Sensing Solutions division examines how the latest camera technologies can be deployed to help things run smoothly over the next month or so... For one month, from June 14, Russia is hosting the 2018 FIFA World Cup. This is the largest country in the world and the distances between venues will be larger than at almost any other World Cup - bar the finals in the US and Brazil.
    Read More
  • March 1, 2012
    Kapsch TrafficCom to acquire Mark IV IVHS
    Kapsch TrafficCom AG has agreed to acquire, through subsidiaries, the businesses of Mark IV IVHS, part of Mark IV, LLC (US), in the United States, in Canada and in Mexico
    Read More

Highlighted Content