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Infineon spins out RFID software operation

Posted: 11 Aug 2005 ?? ?Print Version ?Bookmark and Share

Keywords:rfid software? rf-it solutions?

Infineon Technologies AG has transferred its RFID software solutions group to a Graz, Austria -- based management buy out dubbed RF-iT Solutions GmbH.

Financial data on the deal was not disclosed.

The managing directors of RF-iT Solutions are Dominik Berger and Alexander Gauby, who were responsible for marketing and technology in the RFID solution business at Infineon. Matthias Weitlaner, head of product development, is a fellow shareholder.

The newly formed company will have around 20 employees in Graz.

RF-iT gains access to Infineon's patents, trademarks, licenses, development hardware and software, as well as current customer projects and RFID demonstration applications.

The 40 employees involved in RFID chip activities at Infineon's development centre will remain with Infineon.

"In view of the strategic realignment and focus on core activities, Infineon has decided not to pursue its own RFID software solutions, although the continuation and expansion of the RFID solution business in this new company will ensure that it has an expert business partner in the future," said Bodo Ischebeck, head of the memories & RFID Chip Card IC product line at Infineon.

Berger said the new company would focus on establishing the You-R OPEN RFID operating environment as a de facto standard in the market. He added this open environment is the leading RFID platform for system integrators.

- John Walko

EE Times




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