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UPM sells its RFID Business to SMARTRAC

(UPM, Helsinki, 22 December 2011 at 10:05) – UPM has reached an agreement with SMARTRAC N.V. today whereby UPM sells its RFID business to SMARTRAC. UPM will become an indirect shareholder of SMARTRAC with a 10.6 percent economic interest through the company OEP Technologie B.V. The closing of the deal is expected to take place during the first quarter of 2012.

NXP

Stan Zlatoustovskiy's picture

NXP Semiconductors N.V. (NASDAQ: NXPI) provides High Performance Mixed Signal and Standard Product solutions that leverage its leading RF, Analog, Power Management, Interface, Security and Digital Processing expertise. These innovations are used in a wide range of automotive, identification, wireless infrastructure, lighting, industrial, mobile, consumer and computing applications. A global semiconductor company with operations in more than 25 countries, NXP posted revenue of $4.4 billion in 2010.

http://www.nxp.com

Smartrac Technology

Stan Zlatoustovskiy's picture

SMARTRAC is a leading developer, manufacturer and supplier of RFID transponders and a major player in the RFID industry. Our successful business relationship with suppliers and customers is based on partnership, reliability, expertise, competitiveness and technological leadership.

Our RFID components fulfil the highest requirements in terms of security and quality. We produce ready-made as well as customized transponders for fields of application such as public transport, access control, RFID-based car immobilizers, animal identification, libraries, industry, and logistics.

Netherlands

RFID Projects and practical use cases in the Netherlands

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