March 12, 2007
Finnish RFID Startup - Confidex - Raises 5M Euros
Confidex, a Nokia, Finland-based designer and manufacturer of RFID tags, has raised €5M in its first round which was led by Logispring with Aura Capital.
Confidex targets three main market segments - aerospace, automotive and retail - as well as newer RFID sectors such as postal applications and healthcare.
Visit - site
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April 25, 2006
Two New Wave Super-market Tech Co.'s Merge
Sweden's Pricer bought Israel's Eldat for $40M. Combined the companies are leaders, particularly in Europe, in super-market pricing technology. In fact the company claims over 60% market-share. Eldat had sales of $17.2M in 2005, gross profit of 32%, and a net profit of $200K.
Eldat's Display
Eldat's Wand
Eldat's Price Verifier allows shoppers to scan items in the aisles and get an immediate price confirmation. For the store, Eldat enables the transfer of data both ways, from the server to the store floor and from the floor back to the server.
Read - Swedish e-label co Pricer acquires Eldat for $40m (Globes)
Posted at 12:44 AM | TrackBack | Permalink
February 01, 2006
ThingMagic Raises $21M Series A With Cisco And Negroponte
The Cambridge, MA - based, MIT-incubated RFID company ThingMagic has topped off its $21M series A round with investments from Cisco and Nicholas Negroponte.
View - ThingMagic.com
