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Trackonomy Systems

Broader sector Private
Headquarters
San Jose, US
Segment
Labels
Stories held
2
Last story
15 Sep 2026

Trackonomy Systems is a privately held US technology company based in San Jose, California, that develops smart label sensors and a software platform for tracking physical assets through supply chains. It operates additional offices in Mexico, Estonia and India and has grown through acquisitions of complementary sensor and IoT businesses.

2026 2

2 stories · 2026

Digital & AICapital & Financial MarketsPortfolio & StrategyLeadership & Governance 15 Sep 2026

Identiv completes IoT asset sale to Trackonomy, renames itself INVE Technologies

Identiv, Inc. has closed the sale of its legacy IoT business and Identiv brand name to Trackonomy Systems, and has renamed the parent company INVE Technologies, Inc. INVE received USD 50m in Trackonomy preferred equity and plans to pivot to a physical AI SaaS model built around acquisitions of compliance software companies, with James Greenwell taking over as interim CEO from 21 September 2026.

Why this mattersThe transfer of Identiv's IoT hardware to Trackonomy concentrates smart-label supply for track-and-trace applications, while the listed parent leaves hardware for compliance software.

  • Identiv sold its legacy IoT business assets and the Identiv brand name to Trackonomy Systems, with closing announced on 15 September 2026.
  • INVE Technologies received USD 50m in Trackonomy preferred equity at closing, subject to post-closing adjustment.
  • Identiv, Inc. has been renamed INVE Technologies, Inc. and continues to trade on Nasdaq under the ticker INVE.
  • James Greenwell becomes interim chief executive on 21 September 2026.
  • Kirsten Newquist resigns as chief executive on 21 September 2026 and from the board on 30 September 2026.
  • The two companies are working towards a definitive partnership on software using Trackonomy's physical AI platform.
  • The IoT assets transferred to Trackonomy include Identiv's German R&D centre and Thai manufacturing subsidiary.
  • Identiv injected USD 25m in cash into Trackonomy in exchange for its USD 50m stake in Trackonomy preferred stock.
  • Trackonomy retains the Identiv brand for smart-label manufacturing and has formed Trackonomy Group, combining chip design unit InPlay, label manufacturing and its Sentient cloud platform.
  • Identiv and Trackonomy have signed a long-term strategic cooperation agreement covering software.
  • Deal completion confirmed as 16 September 2026
  • Identiv paid USD 25m cash to subscribe its USD 50m Trackonomy Series C preferred stock
  • Transferred assets include UHF/HF/NFC RFID tag and inlay operations, patents, German R&D team, Thailand manufacturing site and global channel network
  • Identiv's FY2025 revenue was USD 21.5m with GAAP gross margin of 6.1%, up from 1.3% in FY2024
Identiv Trackonomy Systems counterparty
Sources prnewswire.com tradingview.com itiger.com lifestyle.eastmnweeklynews.com business-news-today.com identiv.com lifestyle.tasteterminal.com bizworldireland.ie eu.36kr.com santabarbara.newsnetmedia.com datatooza.com KO rfidjournal.com eu.36kr.com ZH eefocus.com ZH m.rfidworld.com.cn sensorexpert.com.cn ZH
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Digital & AIProducts & Innovation 15 Sep 2026

Avery Dennison launches AD Visi Bluetooth tracking label range

Avery Dennison has launched AD Visi, a new range of Active Bluetooth Low Energy labels aimed at real-time tracking of high-value and time-critical shipments. The initial two products, AD Visi Way and AD Visi Secure, use InPlay's NanoBeacon chip and offer location tracking or tamper-evidence over a 100-metre range; a broader product suite is planned for early 2027.

Why this mattersBattery-powered BLE labels extend smart packaging from inventory counting to live location tracking, a higher-value use case that raises the bar for passive RFID and energy-harvesting alternatives.

  • Avery Dennison launched the AD Visi line of Active Bluetooth Low Energy labels for high-value and time-critical shipment tracking
  • The initial two labels, AD Visi Way and AD Visi Secure, use InPlay's NanoBeacon chip technology
  • Labels are under 1mm thick, operate from -30C to +60C and offer a reading distance of up to 100 metres
  • Labels are powered by non-lithium printed batteries and provide continuous location data without manual scanning
  • The portfolio also includes Passive Bluetooth Low Energy and UHF RFID options, with a wider suite due in early 2027
  • First orders for the AD Visi range open in late 2026, ahead of the broader suite due in early 2027
Avery Dennison Identiv mentioned Wiliot mentioned Trackonomy Systems counterparty InPlay Technologies counterparty
Sources packagingeurope.com IndexBox ES packaging-labelling.com cpmirror.com packagingsouthasia.com sina.cn ZH aipia.info
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