Invixium Acquires Triax Technologies to Expand its Biometric Solutions

Invixium Acquires Triax Technologies to Expand its Biometric Solutions

Invixium’s deal for Triax teams biometrics with AI-based RTLS for improved safety at industrial sites and critical infrastructure.

TORONTO – Biometric access control, workforce and visitor management solutions provider Invixium has announces its acquisition of Norwalk, Conn.-based Triax Technologies.

This strategic acquisition “expands Invixium’s portfolio with Triax’s AI-based RTLS (real-time location systems) and connected worker solutions, designed to improve worker productivity and equipment utilization,” according to the joint announcement.

With this move, Invixium “broadens its scope beyond entry-point access control to address the complex daily challenges within critical infrastructure and industrial worksites such as oil and gas, manufacturing, construction, chemical, mining and energy,” the announcement says.

Why Invixium Acquired Triax Technologies

“We’ve identified more real-world problems to solve,” says Shiraz Kapadia, CEO and president of Invixium, in the joint announcement. “This acquisition highlights our commitment to delivering innovative solutions that address our customers’ health, safety, security, and productivity demands for their sites.

“With the addition of Triax, we now offer comprehensive end-to-end solutions—from secure entry points to the entire operational environment. This bold step marks a pivotal advancement in our growth strategy,” he says.

Triax’s flagship connected worker solution, Spot-r, is a non-GPS platform featuring a patented and scalable mesh network, compact hardware,and actionable dashboards. The system utilizes wearable tags to collect and transmit data to a cloud-based software delivering near real-time insights.

The solution operates on an independent network, bypassing internal IT infrastructure. The software dashboards and AI-based analytics help industries identify and eliminate productivity pinch points, track equipment usage and reduce emergency response times, enhancing overall site safety and operational efficiency.

“Triax’s labor productivity and workplace safety platform perfectly complement Invixium’s established portfolio of biometric access solutions and services,” says Scott MacDonald, chairman of the board at Triax Technologies. “I am confident that Invixium will continue to enhance the combined solutions and expand their impact, driving significant value for our collective industrial customers and stakeholders.”

The technologies of Invixium and Triax “will help organizations minimize unauthorized access risks and streamline operations, setting new standards in industrial safety and efficiency,” according to the joint announcement.

Invixium “is committed to a seamless integration process, ensuring service continuity and introducing a broader spectrum of technologies to address the evolving demands of the customer base of both companies,” the announcement says.

The financial terms of the acquisition have not been disclosed.

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