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Impinj Buys All Of Intel’s RFID Group

Written by Evan Schuman
July 10th, 2008
RFID vendor Impinj on Thursday (July 10) purchased all of Intel's RFID operation--including the R1000 RFID reader chip. A joint Intel/Impinj statement said that the acquisition details are not being released, but The Seattle Times reported that Intel will get an equity stake in Impinj. The move is not expected to change things much for RFID-focused IT execs in the near term, because both firms were pretty much headed in the same direction anyway. But ABI RFID Research Director Michael Liard said the move could accelerate already-projected RFID reader price drops over the next few years.

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Posted in IT Strategy/Industry, Mobile/Wireless/Contactless, Premium Content, RFID
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