Neology Completes Acquisition of 3M’s Tolling and License Plate Recognition Business
SAN DIEGO, June 30, 2017 (GLOBE NEWSWIRE) -- Neology, Inc. today announced that it has successfully completed the acquisition of the Tolling and Automated License/Number Plate Recognition business of 3M’s Transportation Safety Division. Neology is a subsidiary of SMARTRAC, an investment managed by One Equity Partners (OEP), a middle-market private equity