RFID innovator Neology announces 100th granted patent milestone

Neology, a subsidiary of RFID industry pacesetter SMARTRAC, announced the 100th Granted Patent Milestone. This 100th granted patent represents a significant achievement regarding the company’s Intellectual Property portfolio. Neology has a proud history of RFID innovation and has long been a pioneer in the development of passive RFID technology. The company has an extensive Intellectual Property portfolio covering…

SMARTRAC to become majority owner of Neology Inc.

SMARTRAC signed an agreement regarding the acquisition of Neology, Inc.. Under the terms of the agreement, SMARTRAC will acquire Neology for US $ 30.0 million, on a cash and debt free basis. In addition, the parties have agreed on an earn-out component of up to US $ 9.0 million based on results of operations for…