Flexible Electronics News

Identiv Reports 1Q 2024 Financial Results

Signed transformative $145 million agreement on April 2, 2024; expected closing in Q3 FY 2024, subject to approvals.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Identiv, Inc. released its financial results for the first quarter ended March 31, 2024. Recent Financial and Operational Highlights • Concluded strategic review with announcement of $145 million asset purchase agreement (APA) transaction with security solutions provider Vitaprotech; transaction expected to close in Q3 2024, subject to regulatory and stockholder approvals and other customary closing conditions. • Welcomed Kirsten Newquist as president, IoT Solutions; Newquist will become C...

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