Invixium Acquires Triax Technologies to Expand its Biometric Solutions with AI-based RTLS Offering for Improved Safety and Productivity at Industrial Sites and Critical Infrastructure
2024年7月17日 - 11:33PM
Invixium, a global leader in biometric access control,
workforce, and visitor management solutions, proudly announces its
acquisition of US-based Triax Technologies (Triax). This strategic
acquisition expands Invixium's portfolio with Triax’s AI-based RTLS
(Real-Time Location Systems) and connected worker solutions,
designed to improve worker productivity and equipment utilization.
With this move, Invixium broadens its scope beyond entry-point
access control to address the complex daily challenges within
critical infrastructure and industrial worksites such as oil and
gas, manufacturing, construction, chemical, mining, and energy.
“We’ve identified more real-world problems to solve,” said
Shiraz Kapadia, CEO & President of Invixium.
“This acquisition highlights our commitment to delivering
innovative solutions that address our customers' health, safety,
security, and productivity demands for their sites. With the
addition of Triax, we now offer comprehensive end-to-end
solutions—from secure entry points to the entire operational
environment. This bold step marks a pivotal advancement in our
growth strategy.”
Triax’s flagship connected worker solution, Spot-r, is an
innovative non-GPS platform featuring a patented and scalable mesh
network, compact hardware, and actionable dashboards. The system
utilizes wearable tags to collect and transmit data to a
cloud-based software delivering near real-time insights. The
rugged, easy-to-deploy solution operates on an independent network,
bypassing internal IT infrastructure. The software dashboards and
AI-based analytics help industries identify and eliminate
productivity pinch points, track equipment usage efficiently, and
reduce emergency response times, thereby enhancing overall site
safety and operational efficiency.
“Triax’s labor productivity and workplace safety platform
perfectly complement Invixium’s established portfolio of biometric
access solutions and services,” stated Scott MacDonald,
Chairman of the Board at Triax Technologies. “I am
confident that Invixium will continue to enhance the combined
solutions and expand their impact, driving significant value for
our collective industrial customers and stakeholders.”
The technologies of Invixium and Triax will help organizations
minimize unauthorized access risks and streamline operations,
setting new standards in industrial safety and efficiency. With
proven ROI from Triax solutions, including significant labor
savings through increased time on tools and reduced injury claims,
Invixium is poised to transform industrial operations globally.
Invixium is committed to a seamless integration process,
ensuring service continuity and introducing a broader spectrum of
technologies to address the evolving demands of the customer base
of both companies.
The financial terms of the acquisition have not been
disclosed.
For more information, please contact:
Shiraz Kapadia, CEO & Presidentskapadia@invixium.com
Sandra Santos, Director of Marketing &
Communicationsssantos@invixium.com
Phone: +1 844-468-4948
About InvixiumHeadquartered in Toronto, Canada,
with presence in India, Middle East, UK, USA, Latin America, and
Africa, Invixium designs and manufactures rugged biometric
solutions for access control, workforce, and visitor management.
Their fully integrated hardware, software, and mobile platform
solution helps improve the health, safety, productivity, and
security of enterprises and industries using accurate data capture
and intelligent data analytics. With deployments at major
enterprises and industries, Invixium strives to provide
industry-leading, made-in-Canada biometric solutions that are not
only visually stunning, but also intuitive for ease of use and
install.
About Triax TechnologiesHeadquartered in
Connecticut, USA, Triax Technologies delivers innovative,
people-centric solutions to enhance safety and productivity for
asset-intensive organizations. Their patented technology and
intrinsically safe certified hardware help connect workers and
physical assets to provide business leaders with decision-grade
data. The Spot-r®, a registered trademark of Triax Technologies,
Inc. is a comprehensive solution that offers a proprietary blend of
devices (including wearable technology and AI-enabled cameras),
networks, applications, and insights to gather and synthesize hard
to capture field data in real-time. Their platform empowers
visibility into productivity metrics, safety compliance, and
equipment management.
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/a506ad8e-403e-4e11-a182-acb0aa7f8e3e