Identity, Security, Payments, Biometrics, Smart Cards and Authentication News

Zebra to Acquire Oakland-based Navis, Expects To Make Serious Money

Wednesday, October 17, 2007

Though many an RFID startup is experiencing financial woes, the on-demand digital printing and auto ID solutions provider Zebra is kicking butt.

Zebra Technologies Corporation today announced that it has agreed to acquire all of the shares of Navis Holdings, LLC, a global solutions provider for managing logistics, assets, inventories and cargo flows across the supply chain, for approximately $145 million in cash.

The transaction is expected to close during the fourth quarter of 2007 and is subject to expiration of the H-S-R waiting period and other customary closing conditions, according to a press release.

Headquartered in Oakland, Calif., Navis provides solutions for marine terminals and other operations managing cargo in the supply chain.

“Navis is an excellent platform for Zebra to provide end-to-end solutions that help its customers identify, locate and track assets through the supply chain,” stated Anders Gustafsson, Zebra’s chief executive officer. “It complements the real-time location and GPS capabilities of WhereNet and proveo. Together, these companies give Zebra the ability to deliver more high-value applications to customers in transportation, distribution and logistics. Our ability to combine software systems with integrated real-time RFID, RTLS and GPS asset identification will position Zebra as a more valued strategic technology provider.”

Zebra commented that 2007 revenues from Navis are expected to be approximately $60 million. [end] 

The Smart Card Alliance Transportation Council has published a white paper examining how the transit industry can best make use of NFC technology.

“One of the major challenges facing transit agencies today is how to capitalize on the ever-growing popularity of mobile phones with a solid mobile strategy,” said Transportation Council Chairman Craig Roberts. “This white paper builds on the knowledge base developed in earlier white papers to foster a greater understanding of NFC technology, explain its role in the transit industry, and shed light on key issues facing the transit industry in developing a mobile strategy.”

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Zebra and the Navis Star Technology Alliance have formed a strategic partnership that looks to bring further enhancements and better solutions to marine terminal markets. The partnership also enables Navis as the exclusive provider of Zebra’s WhereNet hardware solutions.

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SMARTRAC announced that the company recently signed an agreement to acquireNeology Inc., a provider of integrated solutions for the tolling, electronic vehicle registration (EVR) and public safety markets.

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The UK’s YESpay International and YES-wallet.com have teamed up to build an NFC-enabled cloud-based mobile payments platform.

By integrating the YES-wallet Pouch digital wallet with YESpay EMBOSS payment service, the companies will provide a platform that encompasses e-Money, pre-paid and gift-card payments based on Visa PayWave and MasterCard PayPass contactless standards.

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Zebra and Checkpoint Systems have entered into a cooperative relationship and licensing agreement. While the exact terms of the transaction were not disclosed, the relationship does bring together Zebra’s active location solutions with Checkpoint division OATSystems’ passive RFID, auto-ID and sensor capabilities.

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Zebra announced the availability of its Dart Ultra-Wideband (UWB) Vision Reader, with patented short-pulse UWB technology that provides visibility across an even larger range of environments for asset location or presence detection.

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