Auckland-based data visualisation software developer iVistra has won the backing of French security company IDentifie to push iVistra’s products into Europe.
Founder Craig Meek retains the majority shareholding and says iVistra remains a New Zealand company.
“IDentifie are strongly aligned to our growth aspirations. The backing will allow us to grow existing data visualisation products as well as look at opportunities for new products. It will also allow us to further consolidate Europe as a key market,” Meek say in a statement.
IDentifie specialises in tracking, identification and visualisation technologies for law enforcement, asset protection and anti-counterfeit protection
"Customers are demanding new ways of tracking, visualising, analysing and predicting situations. Together we can capitalise on opportunities around security visualisation applications,” IDentifie founder Patrice Fauvet says.
The two companies are planning to develop new products in the security area, with one opportunity seen in the visualisation of crime.
Right now, iVistra develops visualisation software for the transport, logistics and distribution industries. The company's fleet management software, Insight Fleet Pro, allows the performance of trucks to be monitored from a single control room.
IVistra continues to work on more other products for the visualisation of rail-freight and railway management.
Meek will take up the role of executive chairman and Tim Goodwin, previously the general manager, has been appointed as chief executive. Fauvet has been appointed to the iVistra board.
Meek says all development will continue at the Auckland headquarters.