Welcome to our dedicated page for Identiv news (Ticker: INVE), a resource for investors and traders seeking the latest updates and insights on Identiv stock.
Identiv, Inc. (NASDAQ: INVE) generates frequent news as a pure-play IoT company focused on RFID- and BLE-enabled solutions that create digital identities for physical objects. News coverage often centers on its financial results, strategic framework, manufacturing footprint, and partnerships that expand the use of connected tags, labels, and smart packaging across global industries.
Investors following Identiv’s news can expect regular quarterly earnings releases and related conference call announcements, where management discusses revenue trends, gross margins, operating expenses, and non-GAAP metrics such as adjusted EBITDA. These updates frequently reference the company’s Perform-Accelerate-Transform (P-A-T) strategy, the exit of lower-margin business, and the impact of consolidating production in Thailand.
Another key stream of news involves operational milestones and manufacturing developments. Identiv has reported the completion of its production transition from Singapore to a state-of-the-art facility in Bangkok, Thailand, describing this as a foundational milestone for its P-A-T strategy and a driver of operational efficiency and Multicomponent Manufacturing (MCM) capabilities.
Identiv also issues news about strategic partnerships and solution launches. Recent announcements include collaborations with IFCO to deploy BLE smart labels for reusable packaging in the fresh grocery supply chain, with Narravero to support Digital Product Passport deployments, and with ZATAP and Genuine-Analytics on NFC-based wine authentication solutions that combine IoT and blockchain technology.
In addition, Identiv highlights its participation in industry events and smart packaging forums, where it showcases NFC- and BLE-enabled packaging for Digital Product Passports and supply chain intelligence. Readers who monitor INVE news can track how these initiatives, partnerships, and manufacturing changes shape the company’s role in RFID- and BLE-enabled IoT markets over time.
Identiv has announced a strategic partnership with Omnilert to integrate Omnilert's Gun Detect technology into its Velocity Vision Ecosystem. This collaboration aims to enhance safety monitoring across various sites, including schools, workplaces, and healthcare facilities, through advanced AI-powered gun detection. The system will monitor video streams for weapons, trigger automated responses such as locking doors, and notify law enforcement. This integrated solution promises comprehensive emergency responses and situational intelligence, ensuring a protective environment for institutions and public venues.
Identiv announced that its stockholders approved the asset sale transaction with security solutions provider Vitaprotech, with over 96% of shares voting in favor at the Annual Meeting on June 28, 2024. The transaction, expected to close in Q3 2024, will secure $145 million for Identiv's growth in its IoT solutions business. This is aimed at accelerating RFID production transition to Thailand and enhancing technology and business development initiatives. The proposal saw a high voter turnout with about 72% of outstanding shares participating. Clearance from the Committee on Foreign Investment in the United States remains the last regulatory hurdle.
Identiv (NASDAQ: INVE) announced that its Thailand production facility has achieved ISO 9001:2015 and ISO 14001:2015 certifications, highlighting its commitment to quality management and environmental sustainability. Achieving these certifications within less than a year of operation, the facility now joins Identiv’s Singapore operation, which also recently renewed its ISO certifications through 2026. This milestone supports Identiv’s strategy to shift the majority of its RFID and BLE production to Thailand, leveraging lower costs and advanced equipment. The full transition is expected to complete by the end of Q1 2025, with future expansion plans already underway.
Identiv, Inc. (NASDAQ: INVE) reported its financial results for Q1 2024, including a $145 million asset purchase agreement, new President, and expanding gross margins. Revenue was $22.5 million with GAAP gross margin at 37.3% and non-GAAP at 39.9%. Strategic review concluded with the sale of physical security assets to Vitaprotech. Identiv expects to close the transaction in Q3 2024, subject to approvals.
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