Singaporean tolling technology provider Star Systems International has announced the acquisition of V Track ID, a technology company specialising in vehicle connectivity and data gathering.
The move aims to expand Star Systems’ capabilities and drive innovation within the tolling and vehicle identification sectors.
V Track ID’s patented platform enables data collection on vehicles, operators and freight using existing infrastructure and technology.
Applications of the platform include road usage charging, toll collection, commercial vehicle compliance and fleet management.
Notably, the platform integrates with current roadside and back-office systems without requiring additional infrastructure.
It also supports smartphone applications, facilitating secure and efficient communication between vehicles, mobile apps, and roadside systems.
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As vehicle-to-everything (V2X) communication gains prominence in enhancing transportation safety and efficiency, V Track ID’s technology is designed to bridge the gap between RFID transponder systems and advanced V2X capabilities.
What’s more, the platform’s adaptability reduces the need for extensive construction or system overhauls.
Star Systems, which provides RFID readers and transponders, said it plans to leverage V Track ID’s technology to create seamless interoperability across applications.
The acquisition positions the company to support future advancements in transponder-to-everything (T2X) communication, enabling real-time data exchange among vehicles, toll systems and infrastructure.
Commenting on the acquisition, Ava Tang, chief operating officer of Star Systems International, said: “This acquisition significantly enhances STAR Systems’ portfolio of innovative solutions in the tolling and vehicle identification sectors.
“V Track ID’s platform, with its advanced security measures and flexibility, ensures broad applicability. We look forward to integrating these technologies to deliver unparalleled benefits to our customers worldwide.”
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