Vanderlande Acquires Canadian Software Company Optosecurity
After working closely together for several years, Vanderlande has acquired the Canadian software company Optosecurity as of 29 June 2017.
The acquisition further strengthens Vanderlande’s integrated portfolio of solutions and its position as the market leader for value-added logistic process automation at airports.
Optosecurity’s software is a unique and market-leading platform for remote screening and data integration. The combination of this intelligent software with Vanderlande’s automated passenger-checkpoint solutions presents the opportunity for the new partnership to become the leading integrator of passenger-screening processes at airports.
This transaction is a logical step for Vanderlande in expanding its footprint beyond traditional baggage-handling projects in this market.
“The acquisition of Optosecurity supports Vanderlande’s vision of value-added integrated airport logistics systems,” said Vanderlande’s Executive Vice-President of Airports, Andrew Manship. “We expect the joint strength of Vanderlande’s SCANNOJET automated passenger-checkpoint solution and Optosecurity’s eVelocity remote-screening application to become the winning solution.”
“This will address the needs of our customers and add significant value in a demanding and rapidly changing global airport logistics environment. Consequently, it will increase the attractiveness of our solutions and enhance the proportion of our market share.”
Optosecurity’s CEO and President, Tim Mathews, said, “Optosecurity has a unique proposition for remote screening in passenger processing. As part of Vanderlande, we will be able to mature and expand our range of solutions.”
“I am confident that Optosecurity will be an important and respected member of the Vanderlande family, and we will continue to serve our existing customer base and partners, as well as capitalise on new opportunities,” Mathews added.
© 2017 European Supermarket Magazine – your source for the latest retail news. Sponsored content. Click subscribe to sign up to ESM: The European Supermarket Magazine.