Flexible Electronics News

Alien Technology Enters Agreement for $35 Million in New Investments to Advance RFID Business

Company names Chris Chang as new CEO

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Alien Technology, an industry leader in RFID UHF products and services, announced it has signed a definitive agreement that will result in $35 million in new investments via an international joint venture. The new funds are aimed at helping accelerate company growth through the increased development of new technologies. The additional investments will also help provide Alien a solid financial foundation, demonstrating Alien shareholder confidence in the RFID market and affirming Alien’s growi...

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