Acquiring Company
Trackonomy Systems
Acquired Company
Identiv
San JoseSanta AnaTransportationLogisticsInformation TechnologyDescription
Trackonomy Systems, Inc. has acquired the IoT assets of Identiv, Inc., which will now operate under the name INVE Technologies, Inc. This acquisition marks a strategic milestone as INVE Technologies pivots to focus on building a Physical AI SaaS business. The deal includes $50 million in preferred equity from Trackonomy, enhancing future collaborative opportunities.
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Based on deal dataFrequently asked
Who acquired Identiv?
Identiv was acquired by Trackonomy Systems, based in San Jose. The deal was reported on September 15, 2026. 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. Trackonomy Systems is privately held and operates in Transportation.
When did Trackonomy Systems acquire Identiv?
Trackonomy Systems's acquisition of Identiv was reported on September 15, 2026. Trackonomy Systems, Inc. has acquired the IoT assets of Identiv, Inc., which will now operate under the name INVE Technologies, Inc. This acquisition marks a strategic milestone as INVE Technologies pivots to focus on building a Physical AI SaaS business. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Identiv do?
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. It is publicly traded (INVE), operating in Information Technology, and is based in Santa Ana.
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