Flexible Electronics News

Identive Continues to Simplify and Focus with Plans to Dispose of Non-Core Businesses

Expects to execute agreements to sell its Multicard U.S. business as well as the assets related to its Tagtrail platform

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Identive announced that its Board of Directors has approved the sale of non-core businesses as part of a plan to simplify the company’s organizational architecture and enhance its focus on high-growth products and markets. Within the next few months, the company expects to execute agreements to sell its Multicard U.S. business as well as the assets related to its Tagtrail platform. “Simplification, focus and growth. Those are the key principles guiding the company over the next few months as ...

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