HID World acquires Invengo Textile Expert services Small business from Invengo Data Technological know-how Co.
AUSTIN, Texas, March 3, 2021 – HID World-wide, a throughout the world leader in reliable id answers, currently announced it has obtained the Invengo Textile Expert services Business enterprise of Invengo Information Technological innovation Co., Ltd. (SZSE: 002161.SZ). The acquisition adds radio frequency identification (RFID) tags, viewers and cloud-based mostly inventory administration services for linen and laundry administration to HID Global’s sector-main RFID portfolio.
According to MarketsandMarkets, the international current market for commercial laundry offerings, including tags, viewers, computer software and technique integrator services, is anticipated to mature at a compounded once-a-year level of 12.9 % from 2020-2025.[1] This growth is driven by the expanding hospitality sector and wellbeing care services requiring administration of almost everything from bedsheets to health-related workers uniforms. COVID-19 has also led to a steep increase in the demand for clean up and sanitized textiles, driving substantial growth in the professional laundry organization globally.[2]
“The acquisition of the Invengo Textile Providers Organization more extends our identification systems featuring to meet up with the escalating desire for reduction avoidance abilities, superior-benefit analytics and real-time inventory visibility that improve performance in business laundry management,” said Björn Lidefelt, CEO of HID World-wide. “This addition to the HID household enhances our current small business and abilities in the RFID market, enabling our associate local community to generate sturdy alternatives for this quickly-rising industry.”
Further than healthcare and hospitality sectors, streamlined linen and laundry administration is also vital for personnel uniform laundry in industrial settings, this sort of as electric power and oil plants, transport services, and mining, engineering, chemical, design and utility providers.
The Invengo Textile Providers line extends HID’s RFID and IoT enablement answers portfolio to handle today’s dynamic industry prerequisites. Invengo Textile Solutions consist of:
- Long lasting LinTRAK® RAIN® RFID extremely-large-frequency (UHF) tags that are OEKO-TEX® certified and optimized for integration into linens and other laundered textile products and solutions.
- Tiny and strong BluTAG higher-frequency (HF) tags made for industrial textile products.
- Industrial-grade HF and UHF readers, antennas, tabletop stations, gates, cabins and other hardware optimized for laundry use situations.
- The highly scalable ACUITY computer software system that permits genuine-time stock availability and visibility of textile belongings.
Based mostly in La Ciotat, France, the Invengo Textile Products and services Organization is now element of HID’s Identification Systems Small business Location led by Marc Bielmann, Senior Vice President and Head of Identification Technologies.
[1] MarketsandMarkets Global Professional Laundry & Dry Cleansing Products and services Industry, World Forecast to 2025 Report (November, 2020)
[2] MarketsandMarkets World wide Business Laundry & Dry Cleansing Companies Market, Worldwide Forecast to 2025 Report (November, 2020)