Radio Frequency Identification Technology for Logistics, Tagging and EPC

Dafoe Corp. sets things in motion to acquire Agkha Intelli-Tec

Wednesday, July 28, 2010

Dafoe Corp. has signed a letter of intent to acquire 100% of Agkha Intelli-Tec, a Dubai-based RFID and digital security solutions provider, in exchange for approximately 59% ownership of Dafoe Corp.

Closing of the transaction is expected to occur during the third quarter of 2010, subject to certain closing conditions including completion of due diligence by Dafoe Corp.

Agkha technologies include fraud prevention, check security, electronic airline boarding passes, RFID technology, intelligent parking solutions, SMART video broadcasting and integrated consulting solutions. [end] 

Related Articles
F-RAM wireless device enables mobile data collection

Ramtron International Corp. announced the availability of commercial samples of its F-RAM enabled MaxArias wireless memory devices to enable new mobile data collection capabilities.

The device powers up with energy generated from the radio frequency field and with its EPC Global Class-1 Gen-2 wireless memories (up to 16 KB) end users can store and retrieve information such as manufacturing data, configuration status, repair history and firmware revisions at a distance of up to 10 meters at low power— -13dBm/-13dBm read/write sensitivity.

read more »
CA Technologies to acquire Arcot Systems in million dollar deal

CA Technologies announces the purchase of Arcot Systems Inc. in an all-cash transaction of $200 million. The authentication and fraud detection software company is said to prevent fraudulent transactions for close to a million online credit transactions daily.

read more »
MaxID Corp appoints Roger Morrison as director of federal sales

MaxID Corp, a provider of identity and security solutions, announced the appointment of Roger Morrison as director of U.S. Federal sales, who brings more than 20 years of experience in sales, in the federal sector.

read more »
Mass. library sets to debut RFID self-checkout system

Goodnow Library of Sudbury, Massachusetts is planning the debut of an enhanced RFID-enabled self-checkout system, according to The MetroWest Daily News.

Using a simple touch screen monitor, library patrons will be able to check out books, CDs and DVDs – up to 10 at a time – without the help from a librarian. Surrounding area libraries that have yet made the leap to RFID are using bar-code self-checkout lanes, which allow patrons to check out books one at a time using the same system that librarians use.

read more »
Broadcom announces intent to acquire Innovision

Broadcom has agreed to terms with the board of Innovision Research & Technology PLC to make an offer to acquire all shares of Innovision, a provider of NFC technology. Under the terms of the all-cash offer, Innovision shareholders will receive approximately $0.52 per share in cash, which represents a total equity value of approximately $47.5 million based on current exchange rates. Broadcom expects to close the acquisition of Innovision in the third quarter of 2010.  

read more »
GlobeRanger selected as a finalist at annual tech awards

GloberRanger Corp., a provider of RFID, mobility, and sensor-based solutions, has been named a finalist in the Emerging Company Horizon Award category as part of the 10th Annual Tech Titans and Titan Fast Tech.

read more »

Copyright © 2010, AVISIAN, Inc. All rights reserved.