Smart-ticketing company Vix Technology has strengthened its push into the resources sector by acquiring specialist Australian software company Osmotion for an undisclosed sum.
Vix, formerly Vix ERG, is best known for its smart ticketing and payment applications in the public transport sector. In recent years, however, it has been applying the technology to remote workforce management and mine camps.
Osmotion developed the Site Administration & Management (SAM) solution, which Vix said was a market leader in fly-in, fly-out workforce management.
The company was established in Townsville in 2000 and has 22 employees and contractors.
“The acquisition by Vix will provide the scale and global presence to commercialise a new era of products and services,” he said.
The Osmotion acquisition is one of several growth initiatives by Vix, which employs about 130 staff in Perth and 650 globally.
It has recently won transit contracts in the US, Malaysia and Thailand.
Vix has also expanded into the major events and sports market with a SmartSite® stadium solution, which is being applied at AAMI Park in Melbourne and by sporting clubs Melbourne Storm, Melbourne Rebels and Collingwood FC.
Vix’s SmartSite uses smartcard, mobile, cloud and analytics technology.
It helps companies deal with the logistical challenges of managing a remote workforce, including, travel, access, payments, lifestyle and welfare monitoring.