RFID Market: NBS Technologies Inc. Agrees to Acquire Cybernetix ...

From Business Wire (press release), CA ... and personalization of, smart cards (contact, contactless and dual interface), smart objects, electronic labels and micromodules, as well as RFID products for ...

... NBS Technologies Inc. ("NBS")(TSX:NBS) announced today that it has entered into an agreement to purchase the assets and assume certain liabilities of Cybernetix Microelectronique S.A.S. ("Microelectronique") for total cash consideration of approximately Cdn$12 million. Microelectronique is a subsidiary of Cybernetix SA, a pubic company listed on the Paris Euronext Stock Exchange (Sicovam code 3616). Microelectronique based in Marseille, France, designs and manufactures automated equipment systems for the production, testing and personalization of, smart cards (contact, contactless and dual interface), smart objects, electronic labels and micromodules, as well as RFID products for applications in telecommunications, ID, security, banking and transportation. ...

NBS Technologies is a leading provider of card personalization, secure identity solutions, and point of sale transaction services for financial institutions, governments, and corporations worldwide. The company has specialized and complementary product lines within its Commerce Gateway, Card Personalization and Payment Solutions business units. NBS Technologies is a global company with locations in Canada, U.S. and UK, along with a worldwide dealer network. For more information, visit www.nbstech.com.

Cybernetix Microelectronique S.A.S. is currently a wholly owned subsidiary of Cybernetix S.A which is a innovation engineering company in the fields of robotics and automation, including Offshore, Metrology-Optics-Vision, Telerobotics, and Nuclear markets. The Cybernetix Microelectronique S.A.S. is one of the world's leading companies in the design and manufacture of standard or specific automated systems, designed to produce, test and personalize smart cards, smart labels and semiconductors, with primary offices in Marseille, France.