Redflex Purchases RoadMetric - IDEX Health & ScienceIDEX Health & Science

    Disclaimer:

    The views, information, or opinions expressed in the Industry News RSS feed belong solely to the author and do not necessarily represent those of IDEX Health & Science and its employees.

    Redflex Purchases RoadMetric

    Article obtained from Photonics RSS Feed.

    Redflex Traffic Systems, an Australian developer of intelligent traffic management solutions, acquired RoadMetric Ltd.’s brand and intellectual property, including machine vision analytics software and artificial intelligence tools. The acquisition aims to accelerate Redflex’s entry into the AI and computer vision markets.

    The acquisition includes RoadMetric’s AI platform, which is supported by seven granted and eight pending patents. The agreement also includes the hiring of key RoadMetric personnel qualified in computer vision, research and development, electronics, and software engineering. RoadMetric is headquartered in Jerusalem.

    “This acquisition will allow us to provide customers with advanced…

    READ MORE
    Dec, 01 2020 |

    IDEX Health & Science is the global authority in fluidics and optics, bringing to life advanced optofluidic technologies with our products, people, and engineering expertise. Intelligent solutions for life.