Velvac Inc., a manufacturer of vision systems and components for the truck, bus, recreational and specialty vehicle industries, announced that it has acquired the operations and major assets of Qualnetics Corp. According to a press release, the new company will operate under the name of Road-iQ LLC, and will remain based in Bellingham, Wash., led by Qualnetics co-founder Mark Moeller.
Road-iQ provides software and hardware systems for commercial and recreational vehicle fleet management, communications, and safety. Its flagship product, the Road-iQ VideoData Server, developed in partnership with Velvac, networks various data sources in the vehicle, including multiple on-board video cameras, and then communicates that information in real time to a tablet computer, providing recording and playback for training, security, and liability protection, as well as wireless communication to telematics service providers and fleet managers.
“The addition of the Road-iQ team and technology represents a logical progression of Velvac’s commitment to innovative vision systems that improve driver safety and well-being,” said Velvac President and CEO Jeff Porter. “Velvac takes the trend toward connected vehicles a step further by adding a unique blind-spot vision system that streams real-time video from on-vehicle cameras.”
Moeller noted, “We are excited to partner with Velvac, which has an outstanding reputation and team. Better-capitalized engineering resources will help us get Road-iQ technology to market faster, and access to Velvac’s established channels will allow our products to be seen by more customers. This all adds up to an exciting next chapter of growth.”