Additionally, the company has also agreed to acquire its industrial and logistics RFID tag business for the medical equipments and healthcare services market, according to a press statement released by the company.
It will also be taking over operational and commercial personnel from both the divisions for its global talent pool.
Invengo currently has around 500 employees worldwide, making it one of the largest public RFID companies in the world.
The company also announced major senior level appointments recently for further international expansion. (MCJ)
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