Acquisition
The Swiss radio frequency identification (RFID) specialist Bluehill ID AG has acquired Yoonison BV, pioneer of the Mybility system, which manages identification and transport payment subsidies for disabled and elderly people in the Netherlands.
Pieter Kooistra, Founder and President of Yoonison said, "We believe that we can accelerate our growth being a part of Bluehill ID, [who] really understand our business and ideas.”
Kooistra set up Yoonsion, based near Rotterdam, the Netherlands, to develop personalised smartcard applications. The company is a market leader in the subsidised public transport and fuel payment markets, managing the related data flows and organising additional services required by users and operators. Yoonison’s web-based software is used by customers to manage transactions and data storage services.
Bluehill, which is quoted on the stock exchange in Frankfurt, specialises in the development of RFID and other automatic identification technologies in security, national identity cards and tracking.
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