Identiv, Inc. Completes Sale of IoT Business to Trackonomy Systems, Inc.
Acquiring Company
Identiv
Acquired Company
Trackonomy Systems
Santa AnaSan JoseInformation TechnologyTransportationLogisticsDescription
On September 15, 2026, Identiv, Inc. completed the sale of its specialty Internet of Things business, including all outstanding shares of Identiv (Thailand) Co., Ltd. The transaction involved a cash consideration of $25 million and the transfer of $50 million in Series C Preferred Stock of Trackonomy Systems, Inc. This strategic sale positions Identiv to focus on its core competencies moving forward.
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Based on deal dataFrequently asked
Who acquired Trackonomy Systems?
Trackonomy Systems was acquired by Identiv, based in Santa Ana. The deal was reported on September 16, 2026. Identiv, Inc. is a global leader in digitally securing the physical world. Identiv’s platform encompasses RFID and NFC, cybersecurity, and the full spectrum of physical access, video, and audio security. Identiv is publicly traded (INVE) and operates in Information Technology.
When did Identiv acquire Trackonomy Systems?
Identiv's acquisition of Trackonomy Systems was reported on September 16, 2026. On September 15, 2026, Identiv, Inc. completed the sale of its specialty Internet of Things business, including all outstanding shares of Identiv (Thailand) Co., Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Trackonomy Systems do?
Trackonomy Systems Inc. is an innovation powerhouse with approximately 800 employees and has achieved over 100% Revenue CAGR since 2019. It raised $250M from notable investors, including 8VC and Kleiner Perkins. It is privately held, operating in Transportation, and is based in San Jose.
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