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Smartrac Technology GmbH Karlsruher Str. 3 70771 Leinfelden - Echterdingen, Germany http://www.smartrac-group.com
Contact Mr Christian Achenbach +49 711 656926189
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Smartrac Technology GmbH

Smartrac Completes Sale of Secure ID & Transactions Business to Linxens

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RFID and IoT pacesetter Smartrac today announced that it has completed the divesture of its Secure ID & Transactions Business Division to the Linxens Group. Terms of the transaction are not being disclosed.

The transaction, first announced in November 2016, enables Smartrac to further enhance the development of innovative RFID products and IoT-based solutions leveraging the company’s technology market leadership in business segments such as industry, retail, automotive, healthcare and beyond. Smartrac retains its global manufacturing and sales network, a comprehensive patent portfolio and one of the largest production capacities in the RFID industry.

“The divestiture of our Secure ID
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.