RFID Industry: Symbol Technologies Announces Agreement to Acquire Matrics, Inc. ...From Business Wire (press release), CA ... to acquire Matrics, Inc., a leader in the design and manufacture of
EPC (electronic product code)-compliant Radio Frequency Identification (RFID) systems. ...
" ... Symbol Technologies, Inc. (NYSE:SBL), The Enterprise Mobility Company(TM), today announced it has reached an agreement to acquire Matrics, Inc., a leader in the design and manufacture of EPC (electronic product code)-compliant Radio Frequency Identification (RFID) systems. Privately held Matrics is based in Rockville, Md. The purchase price is $230 million in cash ... "
Matrics has focused its strategic RFID solutions efforts on EPC standards. Matrics provides EPC-compliant RFID systems for retail, defense, transportation and other vertical markets. The Matrics product portfolio features RFID systems including multi-protocol, EPC-compliant fixed readers; readers designed for embedded applications, such as RFID printers and handhelds; high-performance antennas for RFID tag reading; and EPC labels that can be attached to items such as containers, pallets, cartons and more. The RFID tag family includes both read-only and read/write functionality that addresses a wide range of asset visibility applications. Today, Matrics RFID readers and tags are used by customers to help track inventory across the supply chain, ensure compliance in regulated industries, track the location of baggage throughout airports for security purposes and facilitate a more effective logistics process within the defense sector.
Symbol Technologies, Inc., The Enterprise Mobility Company(TM), is a recognized worldwide leader in enterprise mobility, delivering products and solutions that capture, move and manage information in real time to and from the point of business activity. Symbol enterprise mobility solutions integrate advanced data capture technology, mobile computing platforms, wireless infrastructure, mobility software and world-class services programs under the Symbol Enterprise Mobility Services brand. Symbol enterprise mobility products and solutions are proven to increase workforce productivity, reduce operating costs, drive operational efficiencies and realize competitive advantages for the world's leading retailers, transportation and logistics companies, manufacturers, wholesale and distribution centers, government agencies and healthcare facilities.
Labels: baggage, compliance-program, defense, defense-logistics-agency, design, dla, electronic-product-code, epc-matrics, healthcare, location, logistics, manufacture-rfid-tag, matrics, mobile, performance, portal, price-tags, pricetag, rfid-compliance, rfid-transportation, rfidprice, symbol, track-inventory, transportation, visibility, workforce