Tipperary technology company VisionID acquired by US Peak

Tipperary know-how firm VisionID acquired by US Peak

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Peak Applied sciences has acquired Eire’s VisionID to strengthen its presence within the European automated identification and knowledge seize market.

Irish {hardware} know-how firm VisionID has been acquired for an undisclosed quantity by US-based Peak Applied sciences.

Headquartered in Tipperary, Eire, VisionID is a methods integrator of Automated Identification and Information Seize (AIDC) {hardware}, labels, software program and providers primarily focusing on the medical, meals and beverage, and industrial finish markets.

When VisionID was first based in 2000, it specialised in offering cell computing, wi-fi native space networks, barcode printing and scanning providers, and has particular experience in integrating enterprise useful resource planning, administration providers and assist.

It’s now a part of Peak Applied sciences, a number one AIDC methods integrator based mostly in Maryland, USA.

With over 35 years of expertise within the trade, Peak Applied sciences gives consulting on enterprise processes, software program and {hardware}, in addition to turnkey providers for gear restore, lifecycle assist, technical and enterprise providers.

A portfolio firm of Sole Supply Capital, a personal fairness agency based in 2016, that invests in fragmented and high-growth trade sub-sectors. It’s headquartered in Dallas, Texas and has places of work in Santa Monica, California.

Along with VisionID, Peak Applied sciences additionally acquired Dutch AIDC {hardware} provider Dalosy, additional strengthening the corporate’s presence in Europe.

“We’re excited to carry VisionID and the Dalosy staff to Peak Applied sciences. These corporations present extremely technical options for AIDC and managed providers markets in Eire, the Netherlands and Belgium,” mentioned Tony Rivers, CEO, Peak Applied sciences.

“This can additional strengthen Peak’s potential to assist our rising multinational buyer base in North America and Europe.”

This acquisition marks Sole Supply Capital’s fifteenth funding within the AIDC trade, bringing Peak’s eight acquisitions since its preliminary acquisition.

Earlier corporations acquired by Peak Applied sciences embody Optical Phusion, Inovity, Bar Code Direct, DBK Ideas, Avalon Integration, and Graphic Label.

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