Mergers & Acquisitions

UPM RFID sells its RFID business to Smartrac

It’s been a busy fourth quarter for the executive team at Smartrac. After making a pair of acquisitions earlier this month, Smartrac announced today that it is acquiring UPM’s RFID business. The deal is expected to close during the first quarter of 2012 and will provide Smartrac with a much stronger presence in the burgeoning [...]

ODIN purchases Mass.-based REVA Systems

M&A activity in the RFID sector will likely heat up significantly in 2011, but ODIN technologies got a head start on the action Thursday when it acquired Massachusetts-based REVA Systems, a developer of RFID network infrastructure products. ODIN CEO and founder Patrick Sweeney wouldn’t reveal the purchase price in a story in the Boston Globe, [...]

RFID pioneer ThingMagic purchased by Trimble

RFID pioneer ThingMagic, in the midst of a high-profile 10th anniversary celebration, upped the ante today. The firm announced that it has been sold to California-based and publicly-traded Trimble. ThingMagic was born out of the former Auto-ID Center at MIT. According to the press release issued by Trimble, ThingMagic will continue to offer high-performance fixed [...]