Basler AG, a leading provider of components for computer vision solutions, has acquired a 76% stake in its Indian distribution partner Alpha TechSys Automation, with whom the company has been working successfully for many years. Alpha TechSys Automation, with its approximately twenty employees, will operate under the name Basler India in the future. The remaining 24% will remain with the current owner and founder, who will also be the future managing director, with the option of a future takeover by the Basler Group.
Hardy Mehl, CCO/COO at Basler AG, 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 computer vision market in which Basler is now positioning itself early on in a customer-centric and strategy-compliant manner. Through this investment, we are combining our strengths and thus creating the best conditions for exploiting new market opportunities and achieving long-term successful growth.”
Source: Basler
