We are excited to announce that VDS Verkehrstechnik GmbH, long-time customer of Sensor Line GmbH Germany, has been acquired by International Road Dynamics Inc. (IRD) as a wholly owned subsidiary. VDS is thrilled to join the IRD family as its newest subsidiary and we look forward to innovating together and continuing to deliver exceptional experiences for customers, partners, and distributors in Germany and the region. Together we will respond to new opportunities worldwide to enhance transportation safety.
Based in Löbau, Germany, VDS develops, manufactures and sells fixed and mobile traffic monitoring devices that record driver speed and red-light infractions. VDS’s devices are currently the only radar-based products certified under new regulations in Germany that enable direct enforcement of traffic violations. VDS has one manufacturing facility and two service centers in Germany. Sensor Line GmbH is one of VDS’s largest suppliers of sensors. Sensor Line and VDS will continue to build on their 20-year partnership and undertake joint technology development.
“This acquisition further increases the number of well-engineered products to our suite of solutions and global sales channels,” said Rish Malhotra, CEO of IRD. “VDS’s technology expands our enforcement capabilities with the ability to generate speeding and red-light violations. These products are highly sought-after as governments at all levels seek to enhance transportation safety and identify new revenue opportunities. VDS also broadens our customer base to some of the largest cities and municipalities in Germany and their team will also support IRD’s projects in the region.”
IRD is a dynamic technology company engaged in developing key components and advanced systems for the next generation of transportation networks. Together with subsidiaries PAT Traffic, ICOMS Detections, and Sensor Line, IRD supplies ITS solutions to private corporations, transportation agencies, and highway authorities worldwide. IRD's systems make highways safer, greener, and more efficient. Known globally as a trusted partner providing sales, service, and installation support on major ITS projects for over 40 years, IRD contributes to creating smarter cities by empowering engineering and urban planning professionals to access reliable traffic data.
“The acquisition of VDS fits with our strategy to support the growth of IRD and to expand our ITS business,” said Paul Hill, CEO of Quarterhill. “Our existing ITS platform provides for seamless integration and improves the potential for business synergies. We were introduced to VDS through Sensor Line, and this demonstrates how our presence in the ITS industry can lead to unique opportunities for acquisitions. We are pleased to have already completed two deals in 2021 and look forward to more M&A activity during the remainder of the year.”