Saturday, November 22, 2014 7:38:47 PM
From Jan 11th, 2008
MachineTalker Buys Micro Wireless
In an effort to boost its RFID product line, MachineTalker, a manufacturer of active RFID tags designed to serve as wireless network nodes, has announced the acquisition of Micro Wireless Technologies in an all-stock deal. Micro Wireless holds an exclusive license to a technology developed by scientists at the University of South Florida (USF). The technology has the potential to allow traditional sensors and RF systems to be combined in a single entity, rather than as two separate entities, as is typically done today. "The addition of these telemetric micro-sensors will permit the formation of wireless clusters of sensors around each MachineTalker [tag] to monitor and process patterns of change at a remote location," explained Roland Bryan, president at MachineTalker, in a statement announcing the acquisition. Micro Wireless is a wholly owned subsidiary of Utek, which specializes in acquiring technologies from developers and selling it to clients.
Long $$$$$SLTD$$$$$$
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