Acquisition
Basler acquires 76% of Indian image processor
Basler, supplier of image processing components for computer vision solutions, has acquired 76% of the Indian sales partner Alpha TechSys Automation.
Alpha TechSys has been working with Basler for many years and will operate as Basler India with around twenty employees in the future. The remaining 24% will remain with the current owner and founder as well as future managing director until further notice, with the option of a future takeover by the Basler Group.
Hardy Mehl, CCO/COO at Basler, and Harshal Pore, founder and Managing Director of Alpha TechSys, explain: "We are very pleased to further expand our long-standing partnership with this investment. India is a disproportionately growing, promising image processing market in which Basler is now positioning itself early on in a customer-centered and strategic manner. Through this investment, we are pooling our strengths and thus creating the best conditions for exploiting new market opportunities and growing successfully in the long term."
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