NEW DELHI: NCR Corporation has acquired the assets of
IDVelocity LLC, a privately held company based in Greensboro, N.C.
With more than 200 implementations of its infrastructure and process management
software, IDVelocity helps companies collect, move and utilize data from
millions of RFID and other Auto-ID transactions each day. IDVelocity's
technology reduces the effort to create, deploy and support fixed and mobile
solutions using all forms of RFID and other Auto-ID technologies.
"The acquisition of IDVelocity represents a significant opportunity to
extend NCR's RFID solution portfolio," said NCR Senior vice president Lee
Schram. "Many believed the price of tags would be the greatest inhibitor to
RFID adoption. But, in fact, transforming RFID data to eliminate the need for
human intervention has been the true inhibiting factor and the most difficult to
overcome. This acquisition, together with other technology from NCR, virtually
eliminates that concern for our customers."
NCR acquires IDVelocity Â
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