- Business
- TagMaster AB (publ) functions as a technology enterprise, focused on developing and delivering sophisticated sensor systems and integrated solutions. The company utilizes a range of identification technologies, including radio frequency identification (RFID), automatic number plate recognition (ANPR) cameras, radar, vision, and wireless magnetic sensors, engineered for demanding operational environments. Its core product lines feature advanced long-range vehicle identification products for streamlined traffic and rail applications, alongside precise camera systems for vehicle access control and extensive monitoring. These offerings are strategically implemented across various segments such as parking management, access and security infrastructure, overall traffic flow, tolling systems, airport operations, specialized industrial locations like mining and ports, and fleet management. Recent strategic expansions, notably the 2024 acquisition of Quercus Technologies for digital parking solutions and the 2023 acquisition of Image Sensing Systems' radar division, have substantially enhanced TagMaster's expertise in AI-driven computer vision and radar-based traffic intelligence. The organization distributes its innovations globally, serving markets throughout Europe, the Middle East, Asia, and North America, supported by a broad network of skilled partners and system integrators. Founded in 1994, TagMaster AB is headquartered in Kista, Sweden.