This article was originally published by RFID Update.
March 30, 2005—RFID is named in a recent “Technology Insights” report authored by the PricewaterhouseCoopers Advisory Group as a source of considerable European merger and acquisition activity through 2005. The report cites the combination of European technology firms’ vast financial resources but relatively small global footprint as evidence that 2004’s M&A activity will only heat up this year. As RFID technology matures and European demand for it strengthens, serious software and services players simply must offer RFID solutions, according to the report. For those whose RFID capabilities are currently nonexistent or inadequate, acquiring the technology to quickly gain entry in the market makes a lot of sense.
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