The acquisition is set to enable Lecip to expand its range of products and services to the entire public transport industry and further enhance its power supply in integrated AFC systems and Intelligent Transportation Systems (ITS).
Lecip Holdings Corporation is a Japan-based holding company mainly engaged in the manufacture and sale of transportation machines. Incorporated in 1953 as the Sanyo Electronics Company, LECIP is a publically traded Japanese company listed on the Tokyo and Nagoya stock exchanges. Lecip also provides fare boxes, LED lighting for transit equipment, as well as LED signs and LCD displays for public transport.
Arcontia International AB has been active in the smart card industry since 1996 and is a producer of contactless smart card readers and terminals for e-ticketing and e-payment. Arcontia’s services include support for open and closed loop payment schemes, including MIFARE, EMV contactless and NFC.
In recent news, Arcontia International has extended its strategic partnership with manufacturer of rugged mobile computers, PDAs and smartphones Handheld Group for a new generation of embedded smart card readers for integration into Handheld’s portfolio of rugged PDAs and smartphones.
Every day we send out a free e-mail with the most important headlines of the last 24 hours.
Subscribe now