ABI Reaffirms Retail Supply Chain RFID Opportunity

In reaction to recent high-profile articles in the mainstream business press that offered pessimistic slants on RFID adoption in the retail supply chain, ABI Research today released a statement asserting that the long-term retail supply chain opportunity for passive UHF RFID does in fact exist.

RFID Tag Provider Confidex Lands EUR 5m

Specialty RFID tag manufacturer Confidex today announced its first round of institutional funding in the form of €5 million. Lead investor Logispring, a Swiss venture capital firm focused on opportunities in industrial processes, logistics, and manufacturing, was joined by Finland’s Aura Capital.