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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.

Zetes steps its game up with RFIDEA

Zetes, the European provider in automatic identification solutions and services for goods and people, has announced the acquisition of the Belgian company RFIDEA.

Zetes offers a variety of solutions for applications such as manufacturing, transportation and logistics, retail and health care.

Vilant Systems Oy, Swisscom Auto-ID Services AG combines RFID activities

As part of the deal, Swisscom will sell its stake in Swisscom Auto-ID Services AG to Vilant Systems Oy, following which Swisscom will own a minority stake in Vilant Systems Oy.

The Swiss company will operate under Vilant’s brand and therefore the name Swisscom Auto-ID Services AG will change to Vilant Systems AG.

Source: http://www.rfidnews.org

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