Tuesday, November 2, 2010
Identive Group Buys RFID Firm
Santa Ana-based Identive Group, a provider of security and RFID products, said this week that it has acquired a Singapore-based manufacturer of RFID inlays and inlay applications. Accoring to Identive, it has purchased the Smartag subsidiary of France-based Group FCI SA, as well as related RFID patents and intellectual property. Financial terms of the transaction were not disclosed. Identive Group includes the prior operations of Santa Ana-based SCM Microsystems, along with Swiss firm Bluehill ID. The two merged last September.