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Zebra Technologies, a global provider of on-demand printing solutions, has acquired an extensive portfolio of RFID patents which the company believes are important for the implementation of cost-effective, high-performance RFID technology.
The portfolio was acquired from BTG Plc for a total cash consideration of approximately US$10 million. 116.30.145.87 This article is copyright 2006 UsingRFID.com.
According to a proud Philip Gerskovich, Zebra''s senior vice president for corporate development, the addition of the new portfolio of more than 200 US and foreign patents and patent applications makes Zebra the owner of one of the largest collections of RFID patents, including several of the earliest patents related to the technology.
Broader investment
Gerskovich commented: "This acquisition is part of Zebra''s investment in a broad range of products and technologies necessary to be successful in RFID. It also demonstrates our commitment to deploy capital to extend Zebra''s global competitive position and enhance downstream revenue opportunities."
Zebra is a founding member in the RFID consortium (currently in formation) for the licensing of RFID intellectual property. With the company''s active acquisition and development of RFID products and technologies, Zebra says it aims to position itself as a leader in the rapid commercialisation of RFID technology.
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