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INEO Expands eCommerce Business with Acquisition of Securitytags.com

January 24, 2022 by Techcouver Newsdesk Leave a Comment

Surrey’s INEO has acquired Securitytags.com from Australian’s Vitag, a leading provider of Electronic Article Surveillance (EAS) anti-theft products for retailers.

Vitag previously operated Securitytags.com as a wholly owned subsidiary focused on providing online sales of EAS anti-theft products to retailers in the US market.

“INEO has an immense opportunity in the US market and this acquisition will help accelerate the Company’s eCommerce sales and expand our reach in that market,” said Kyle Hall, CEO of INEO.

RELATED: Rise In Crime in Vancouver Sees Business Owners Leaning into Retail Technology

“Securitytags.com is a recognized brand name and has a strong list of US-based customers who have purchased EAS products in the past, thereby providing INEO with immediate revenues and potential for future cross-sell opportunities for its innovative INEO Welcoming System.”

INEO is now operating Securitytags.com with a full line of security tags, labels and deactivators and will soon be adding the company’s own INEO Clarity EAS system, the next generation (patent pending) INEO Welcoming G.A.T.E. pedestal and the patented INEO Welcoming System.

Filed Under: News Tagged With: INEO

 

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