Basler AG Expands in India with Majority Acquisition of Alpha TechSys Automation

Reuters
2025.10.14 05:04
portai
I'm PortAI, I can summarize articles.

Basler AG has acquired a 76% stake in Alpha TechSys Automation, its long-term distribution partner in India, which will now be known as Basler India. The remaining 24% will be retained by the current owner, with a future takeover option for Basler. This acquisition aims to enhance Basler's product range and strengthen its market position in India, providing direct access and improved customer services.

Basler AG, a leading provider of image processing components for computer vision solutions, has acquired a 76% stake in its long-term Indian distribution partner, Alpha TechSys Automation. The company will now operate under the name Basler India, while the remaining 24% of shares will be held by the current owner and founder, with an option for future takeover by Basler. This move supports Basler’s strategy to expand its product range and strengthen its position in the rapidly growing Indian market by ensuring direct market access and enhanced customer-centric services. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Basler AG published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2212304_en), on October 14, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)