TagMaster acquires Citilog in France
Press release Stockholm, Sweden April 28, 2021 TagMaster AB (publ) (“TagMaster”), a leading supplier of data solutions and advanced sensor systems for intelligent transportation solutions within Traffic and Rail, acquires all outstanding shares in Citilog SAS. (“Citilog”) from Axis AB. The purchase price is approx. €3,4 million on a debt and cash free basis. Citilog Citilog was the first company to introduce video-based automatic incident detection in 1997. With more than 20 years of research and development in the field of analytics applied to traffic solutions Citilog has