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

For more information on companies in this article

Related Content

  • Videalert launches ANPR camera for MEV range
    September 12, 2018
    Videalert says its new automatic number plate recognition (ANPR) camera delivers read rates over 98%. The HD camera, designed for the company's range of mobile enforcement vehicles (MEV), is expected to boost productivity in parking and traffic management applications. According to Videalert, the 2 megapixel camera utilises Sony digital signal processor technology for noise reduction and infrared sensitivity to capture images of reflective number plates up to 40 metres away. The ANPR camera also features
    Read More
  • Videalert launches civil enforcement as a service
    June 23, 2015
    UK enforcement supplier Videalert has launched a civil enforcement as a service (CEaaS) solution. Using the company’s Department for Transport Manufacturer Certified hosted platform, CEaaS enables councils to significantly change the way they specify and procure CCTV–based enforcement systems. It introduces the ability to purchase CCTV traffic services on demand with installations taking place in days rather than months. Available for a fixed monthly cost per location or on a fee-per-PCN basis, CEaaS
    Read More
  • Videalert launches ANPR camera for MEV range
    November 23, 2018
    Videalert says its new automatic number plate recognition (ANPR) camera delivers read rates over 98%. The HD camera, designed for the company’s range of mobile enforcement vehicles (MEV), is expected to boost productivity in parking and traffic management applications. According to Videalert, the two megapixel camera utilises Sony digital signal processor technology for noise reduction and infrared sensitivity to capture images of reflective number plates up to 40 metres away. The ANPR camera also features
    Read More
  • Xerox Licence Plate Recognition (XLPR) technology on show
    October 22, 2012
    Xerox is playing a leading part in the ITS World Congress this week through its presence in two executive, six special interest, and one technical session, as well as the company’s sponsorship of the VIP room. The company says it is using the event to underline its status as a global leader in business process and information technology services and the largest provider of mobility solutions to governments worldwide. As Xerox points out, for over 40 years it has worked together with transportation clients i
    Read More

Highlighted Content