Smartrac:
Mergers & Acquisitions

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, [...]

ThingMagic buyout could ignite next round of RFID M&A

For those that didn’t receive this week’s edition of RFID 24-7, we’ve posted our lead story here for you. When ThingMagic got its start in a garage in Somerville, Mass., 10 years ago, the firm’s co-founders probably never considered that the company would be scooped up a decade later by a billion-dollar buyer. That’s exactly [...]

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