TagMaster buys ISS radar business for $4.8m

Deal - done through Sensys Networks - is expected to strengthen TagMaster in US
By Adam Hill September 6, 2023 Read time: 1 min
TagMaster and ISS: 'Excellent opportunities for growth in both the American and European markets' (© Rawpixelimages | Dreamstime.com)

TagMaster has acquired the US-based radar division of Image Sensing Systems (ISS) for $4.8m.

ISS provides radar-based vehicle detection and traffic data solutions and the deal, done through TagMaster's US subsidiary Sensys Networks, includes the RTMS Echo and RTMS Echo+Camera portfolio.

Jonas Svensson, CEO of TagMaster, says the acquisition - which is expected to complete by the end of this month - will strengthen its hand in the US.

TagMaster is known for providing in-ground sensing solutions, so the addition of ISS's radar-based, above-ground sensors means it "will be better positioned to address the growing demand for multi-sensor solutions", the company says in a statement on the transaction.

"The acquisition also adds solid competence in sales in important states around the US and we gain access to new partners who currently sell ISS radar products and enable us to offer our existing distributors a wider product range," Svensson adds.

"That, in combination with the expertise that already exists at Sensys Networks and TagMaster, provides us with excellent opportunities for growth in both the American and European markets."

Detection, Monitoring & Machine Vision Urban Traffic Control

For more information on companies in this article

Related Content

  • RTMS radar detectors for Asian Games
    March 1, 2012
    Flow Traffic Limited, the Hong Kong-based wholly owned subsidiary of Image Sensing Systems, has won a large contract to supply vehicle detection systems to the city of Guangzhou, China. The contract is part of infrastructure improvements required for the Asian Games, a major sporting event to be held in Guangzhou from 12-27 November. The project will provide real time traffic guidance and journey time information to reduce congestion and travel time during the international event.
    Read More
  • Federal Signal supplies all the elements of end to end tolling
    January 31, 2012
    Manfred Rietsch, group president of Federal Signal Technologies (FST), talks about the recent acquisitions forming FST and the organisation's plans for the future. "Our philosophy is going to be about open access" Federal Signal has been on a buying spree. An energetic policy of acquisition over the past few months has seen the company reposition itself as an end-to-end provider of Electronic Toll Collection (ETC) systems with what it states is a portfolio of proven, best-in-class technologies which will al
    Read More
  • New radar-based detection from ISS
    March 14, 2014
    Image Sensing Systems (ISS) has added the Autoscope RTMS Sx-300 to its traffic management product range, providing accurate, advanced vehicle detection, and the ability to detect up to 12 lanes of simultaneous detection, reporting vehicle presence as well as volume, occupancy, speed and classification information. The device provides a fully automated set-up feature that self-detects and self-calibrates detection zones, providing users with a simple and cost effective installation process. The combi
    Read More
  • ISS combines radar sensor with HD camera for traffic detection
    March 17, 2016
    Image Sensing Systems (ISS) has added the RTMS Sx-300 radar sensor with HD camera to its traffic management product line, a combination the company says provides an all-in-one radar sensor for roadways detection. The RTMS Sx-300 HDCAM allows the user to verify the zone setup across all lanes and facilitate real-time visual traffic surveillance and its high definition camera also has dual streaming video channels.
    Read More

Highlighted Content