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ASSA ABLOY Acquires Invengo’s Textile Services Business Unit in France

Real-time inventory management platform combining software, RFID tags, equipment and services to identify, track and monitor linen and textile assets.

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By: Anthony Locicero

Copy editor, New York Post

ASSA ABLOY acquired the textile services business of Invengo Information Technology Co., Ltd, a real-time inventory management platform combining software, RFID tags, equipment and services to efficiently identify, track and monitor linen and textile assets.
 
“Invengo Textile Services reinforces our current offering within the global RFID ecosystem,” said Nico Delvaux, president and CEO of ASSA ABLOY.
 
“The addition of Invengo Textile Services to HID’s portfolio underscores our leadership position as solution enabler in the RFID market, particularly in the fast-growing commercial laundry sector,” added Björn Lidefelt, executive VP and head of Global Technologies business unit HID Global.

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