Brief: Paragon ID Acquires Business And Assets Of French Company Uwinloc

Paragon Id SA

04/01/2023 17:19

Jan 4 (Reuters) - Paragon Id SA  PID.PA :
    * PARAGON ID STRENGTHENS ITS REAL-TIME LOCATION-BASED
TECHNOLOGIES
WITH THE ACQUISITION OF THE ASSETS OF FRENCH COMPANY UWINLOC
    * 23 PATENTS, INCLUDING RADIO ENERGY COLLECTION
"TECHNOLOGICAL
BRICKS" ENABLING TAGS TO OPERATE WITHOUT BATTERIES
    * MAHVIS, A DEDICATED SOLUTION TO ACCURATELY TRACK ANY ASSET
MOVED
BY A FORKLIFT
    * DEPLOYMENT OF REAL-TIME TRACKING SOLUTIONS ALREADY
EFFECTIVE
WITH SOME THIRTY MAJOR INDUSTRIAL CLIENTS
    * OBJECTIVE: TO REDUCE DEPLOYMENT AND USAGE COSTS OF
REAL-TIME
TRACEABILITY TECHNOLOGIES
    * WITH THIS NEW ACQUISITION, PARAGON ID CONTINUES TO EXPAND
ITS
SOLUTIONS AVAILABLE TO INDUSTRIAL SECTOR WITH A BATTERY-FREE
RTLS SYSTEM

Source text for Eikon:  ID:nACT77874 
Further company coverage:  PID.PA 
 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))