Identiv Moves to Divest IoT Assets to Trackonomy Systems and Refocus on Compliance and Physical AI
Key Takeaways: Identiv Moves to Divest IoT Assets to Trackonomy Systems and Refocus on Compliance and Physical AI Key Takeaways: • Identiv agreed to transfer its specialty IoT business to Trackonomy Systems in exchange for $50 million in preferred equity • The company plans to redirect its strategy toward SaaS and