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STAR Systems International Acquires V Track ID to Propel Innovation in Tolling Industry

GlobeNewswire LogoGlobeNewswire11h ago

STAR Systems International Acquires V Track ID to Propel Innovation in Tolling Industry - GlobeNewswire

Quick Summary:

SINGAPORE, Jan.15, 2025 (GLOBE NEWSWIRE) -- STAR Systems International, a global leader in tolling technology, announced today the acquisition of V Track ID, a cutting-edge technology company that has pioneered new developments in vehicle connectivity and data gathering.

STAR Systems focuses on providing best-in-class transponders, readers and professional consulting services for Smart City Initiatives, including Electronic Tolling (ETC), Congestion/Road Use Charging, Electronic Vehicle Registration (EVR), Express/HOT Lane, Fleet Management, Parking and Secure Access Control applications.

Through the acquisition of V Track ID, STAR Systems is taking steps to prepare for a future where RFID technology can connect vehicles, toll systems, and other system infrastructure for increased efficiency and real-time data exchange.

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Article Details

Author / Journalist: Star Systems International Pte Ltd.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 15:00:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 454 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 25177922

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 61 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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