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idOnDemand will be a wholly-owned subsidiary of Identive
December 30, 2011
By: DAVID SAVASTANO
Editor, Ink World Magazine
Identive Group, Inc. announced it entered into an agreement on Dec. 22, 2011 among Identive, ActivIdentity Corporation and idOnDemand, Inc. to acquire the remaining outstanding shares of idOnDemand, Inc. held by ActivIdentity for a sum of $500,000. The agreement contains customary provisions and certain releases. Upon consummation of the share purchase, idOnDemand will be a wholly-owned subsidiary of Identive. “As we expand our R&D investment in SaaS and gear up to launch our cloud-based ...
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