History
In 1978, Associated Electronic Services Ltd (AES), a Perth-based engineering company, began developing an automated fare collection (AFC) system. In 1984 AES won a contract for an AFC system in Toronto, Canada. That same year Energy Research Group (ERG) was listed on the stock exchange. ERG was a venture capital-backed company, researching various technologies including an electronic sign board and a manufacturing process for surfboards.
In 1987, ERG acquired a controlling interest in AES. The first project the new ERG won was in Darwin, resulting in the world's first use of smart cards for passengers by a public transit organisation. In 1988 ERG acquired the balance of AES.
In 1989, ERG acquired Radiolab, which specialised in pagers and base stations, to become ERG's telecommunications and manufacturing division. ERG also acquired a 70% interest in Prodata Electronics, Belgium.
In 1997 ERG formed an alliance with Motorola, primarily for their smartcard technology, and won substantial contracts in Berlin, Rome, San Francisco and Singapore. An alliance with American Express was formed. Ecard was established.
In 2008 the New South Wales government cancelled the Tcard project, with lawsuits in both directions (now resolved).
In 2009, Vix Technology acquired the assets of the former ERG Group, when ERG restructured and changed its name to Videlli Limited.
In 2010, Vix Technology acquired ACIS, a UK-based supplier of ITS and PIDS solutions.
In 2011, Vix Technology launched a rebranding of the company, integrating all of its business under one brand "Vix".
Read more about this topic: Vix Technology
Famous quotes containing the word history:
“The history of the genesis or the old mythology repeats itself in the experience of every child. He too is a demon or god thrown into a particular chaos, where he strives ever to lead things from disorder into order.”
—Ralph Waldo Emerson (1803–1882)
“American time has stretched around the world. It has become the dominant tempo of modern history, especially of the history of Europe.”
—Harold Rosenberg (1906–1978)
“[Men say:] “Don’t you know that we are your natural protectors?” But what is a woman afraid of on a lonely road after dark? The bears and wolves are all gone; there is nothing to be afraid of now but our natural protectors.”
—Frances A. Griffin, U.S. suffragist. As quoted in History of Woman Suffrage, vol. 4, ch. 19, by Susan B. Anthony and Ida Husted Harper (1902)