Flexible Electronics News

SCM Microsystems and Bluehill ID AG Complete Business Combination

Combined company to adopt new name: Identive Group

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By: DAVID SAVASTANO

Editor, Ink World Magazine

SCM Microsystems, Inc., a leading provider of solutions for secure access, secure identity and secure exchange, and Bluehill ID AG, a leading provider of automatic identification and RFID technologies, products, services and solutions, announced that the transaction to combine their respective businesses has closed. Under the terms of the business combination agreement, SCM made an offer to the Bluehill ID shareholders to acquire all of the Bluehill ID shares and issued 0.52 new shares of SCM...

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