STOCKHOLM, March 3, 2021 / PRNewswire / – ASSA ABLOY has acquired the textile services business of Invengo Information Technology Co., Ltd., a leading real-time inventory management platform combining software, RFID tags, equipment and services to effectively identify, track and monitor linen and textile assets.
“Invengo Textile Services is a strategic technological addition to the ASSA ABLOY group. The company strengthens our current offering within the global RFID ecosystem. The acquisition of Invengo Textile Services strengthens the Group’s position in intelligent components and will offer additional growth opportunities ”, declares Nico Delvaux, Chairman and CEO of ASSA ABLOY.
“The addition of Invengo Textile Services to HID’s portfolio underscores our leadership position as a solution…
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