Identiv to Sell its IoT Assets to Trackonomy

Identiv to Sell its IoT Assets to Trackonomy

Key Takeaways Identiv will sell its IoT assets — including its German R&D center, Thai subsidiary, and $25 million in cash — to Trackonomy Systems in exchange for $50 million in Trackonomy preferred equity, with the deal expected to close in Q3 or early Q4 fiscal...