Flexible Electronics News

Identiv Completes Sale of Its Physical Security Business

Upon closing the transaction, Identiv received a cash payment of approximately $144.2 million, subject to further customary adjustments.

Author Image

By: DAVID SAVASTANO

Editor, Ink World Magazine

Identiv, Inc. announced the successful conclusion of its previously announced asset sale transaction with Vitaprotech, a security solutions provider. Upon closing the transaction, Identiv received a cash payment of approximately $144.2 million, subject to further customary adjustments, and Kirsten Newquist, formerly Identiv’s president, IoT Solutions, succeeded Steven Humphreys as the company’s CEO. “We are pleased to have brought this strategic transaction to a successful close,” said Jam...

Continue reading this story and get 24/7 access to Ink World magazine for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Ink World magazine Newsletters