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

  • Sydney’s RMS opts for Schneider Electric back office toll technology
    February 22, 2013
    Schneider Electric is to use its expertise and experience in developing and implementing free-flow toll system management solutions and electronic toll payment solutions in the design, supply and installation of the tolling system back office for Australia’s New South Wales Government's Roads and Maritime Services (RMS). RMS is a delivery arm of Transport for NSW and is responsible for building and maintaining roads, conducting driving tests, issuing licences and registrations and overseeing harbours and wa
    Read More
  • Nedap launches high performance RFID vehicle identification
    February 26, 2016
    Nedap, a global leader in automatic vehicle identification and parking detection technology, will use Intertraffic Amsterdam to launch the uPASS Target, the company’s reply to the growing demand for high-performance UHF readers in applications where it should be possible to automatically identify vehicles and other moving objects using passive RFID tags.
    Read More
  • Headlamp toll tag launched
    August 22, 2013
    The new headlamp RFID tag from Hong Kong based RFID provider Star Systems International has been designed for those situations where a tag cannot be used due to a windshield’s metallic content or aesthetic reasons. The Star Aries headlamp tag is tuned to work while affixed on a vehicle’s headlamp. It delivers superior read and write performance along with high levels of security and tamper resistance and is suitable for automatic vehicle identification (AVI) applications such as E-tolling, electronic veh
    Read More
  • Alliance stages North American back office interoperability trial
    December 4, 2013
    JJ Eden, President and CEO of the Alliance for Toll Interoperability, talks to Jason Barnes about the new inter-agency hub, which will facilitate national transactions When it comes to achieving interoperability, the sheer diversity of technologies in operation in the US is perhaps the tolling industry’s greatest defining characteristic and its biggest challenge. The situation is in stark contrast with some other regions of the world, such as Europe where the use of common front-end Dedicated Short-Range
    Read More

Highlighted Content