13 November 2012 Last updated at 10:53 ET

Smart card tech firm Ecebs sold to Dutch company

Ecebs specialises in solutions for sectors such as transport ticketing

Smart card technology firm Ecebs has been bought by a Dutch smart token management services provider for an undisclosed sum.

Rotterdam-based Bell ID said the move would speed up new developments in the mobile transit ticketing sector.

Bell ID produces smart token management software for use in sectors such as secure banking, national identity and public transit.

East Kilbride-based Ecebs was bought from parent company thetrainline.com.

It specialises in transport ticketing, local government and payment solutions.

Bell ID said Ecebs' experience with front-end technologies would "significantly enhance" its offering to the growing market for smart ticketing/payment using mobile smartphones and other devices.

Executive chairman Pat Curran said: "We believe Ecebs is a great fit alongside Bell ID.

"We can provide the right environment to help take their expertise and activities to the next level, while adding critical mass and credibility to Bell ID.

"We have identified mobile transit ticketing, in particular, as a development priority."