Identec Solutions acquires Tunnelcom

Tunnelcom is now officially part of asset tracking and location solutions developer Identec Solutions.

In a statement issued by Identec on Monday, the company said that it acquired the tunnel safety firm, which is renowned for its Automatic Tagging System (ATS) electronic access solution, to further bolster its presence in the marketplace.

"Our strength is in our ability to offer complete, scalable, and highly reliable systems to specific industries,” said Identec CEO Gerhard Schedler. "We identified Tunnelcom as a strong safety solution provider to the burgeoning mining and tunnel industries, and a strong strategic fit to further our leadership position within this market."