Basler AG Acquires Remaining Shares of i2S's Distribution Business

On August 1, 2024, Basler AG will acquire the remaining 74.9 percent stake in i2S's distribution business. This acquisition will make the joint venture Basler France, established in 2022 with a 25.1 percent stake, a wholly owned subsidiary of Basler AG.

Christian Stoffers, Head of Sales Europe at Basler AG, expressed satisfaction with the acquisition. He emphasized that entering the French market supports Basler’s European growth strategy. The company aims to become a full-range supplier and enhance customer proximity through an experienced local team and warehousing facilities in France.

Basler AG is a global leader in computer vision, offering a broad range of vision hardware and software. Founded in 1988 and headquartered in Ahrensburg, Germany, the company employs over 1,000 people across Europe, Asia, and North America.