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Outlines SCM Microsystems’s cost reduction program following the completion of its combination with Bluehill ID
January 21, 2010
By: DAVID SAVASTANO
Editor, Ink World Magazine
SCM Microsystems, Inc., d.b.a. Identive Group, a provider of products, services and solutions for the security, identification and RFID industries, announced preliminary results for its 2009 fiscal fourth quarter (Q4) and year (FY) and outlined the company’s cost reduction program following the completion of its combination with Bluehill ID. For Q4 2009, Identive expects to report total revenue of approximately US$11.9 million, compared with US$9 million in Q4 2008. The expected increase is d...
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