Basler Acquires Two Distributors

Basler AG has acquired its long-standing sales partners DATVISION and IOVIS, both based in South Korea. The acquisitions are each expected to be completed Jan. 7, 2022. The transactions expand Basler’s direct business presence in Asia.

From left, Chong Yoon Foo of Basler, Hyunki Cho of DATVISION, Kim Jonghwan of IOVIS, and Dietmar Ley of Basler. Courtesy of Basler.

Alexander Temme, Basler’s chief commercial officer, said the company plans to merge the two acquired companies to establish a subsidiary with more than 50 employees.