Radio frequency identification (RFID) specialist Amtech Systems, a division of UNOVA-owned Intermec Technologies Corp, has been acquired for an undisclosed sum by TransCore Inc, which specialises in IT and management solutions for the transportation industry and is a market leader in the area of electronic toll collection systems...
As part of the agreement, UNOVA will retain a minority equity interest in the merged companies, which will operate as TransCore, while TransCore will become the exclusive reseller of Intermec's Intellitag RFID technology for electronic toll, traffic management and other IT-related market segments......
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Approx 275 words from WorldCargo News, July 2000,
page 2.
