We are excited to announce that Sensor Line has been acquired by International Road Dynamics Inc. (IRD) www.irdinc.com, as a wholly owned subsidiaryl. We are joining the IRD portfolio of products and solutions for Intelligent Transportation Systems (ITS) globally. This acquisition supports IRD’s continued growth in the ITS industry and supports the goal of being a leading supplier to the worldwide toll market. Sensor Line is thrilled to join the IRD family, to innovate together and continue to deliver exceptional experiences for customers, partners, and distributors globally.
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 and ICOMS Detections, 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.
As a Sensor Line customer or partner, this transaction will have no impact on your existing relationship with the company. Manufacturing of our products will continue at our facility near Munich as IRD will use this transaction, in part, to gain a larger presence in the European market.
Moving forward, through collaboration and innovation, we will maintain our commitment to delivering new features and providing the excellent customer support that you are accustomed to. Together, we will remain singularly focused on delivering the highest quality solutions to our customers that drive maximum value from their current and ongoing ITS investments.
At Sensor Line, our goal has always been to support you, our customers and partners, in providing innovative quality products. Joining IRD significantly expands our ability to achieve that goal for you.