Matrics Creates New Ways to Secure Lives and Assets for Safe Commerce’ Using Advanced RFID Technology; Responds to Homeland Security Initiative With Advanced RFID Technology to Provide Unique ...

Symbol will pay US$230 million in cash for privately held Matrics, based in Rockville, Maryland, in a deal that is expected to close in the third quarter of this year, according to a Symbol statement.

NEW YORK (CBS.MW) -- Symbol Technologies shares slumped Tuesday after the company said it's buying Matrics Inc, a maker of RFID (radio frequency ID) tags and reader systems, for $230 million in cash.

Feb. 28, 2003 – Matrics, an RFID equipment provider in Columbia, Maryland, has introduced a new handheld RFID reader and revealed plans to market the first fixed RFID reader that handles tags based on ...

RFID tools vendor Symbol Technologies reported on Tuesday that it has agreed to buy rival radio tag specialist Matrics for $230 million in cash. The deal marries two vendors that have been pushing ...

Matrics Inc., a Columbia-based company specializing in radio-frequency identification technology, announced yesterday that it has received $20 million in financing from a group of investors led by ...

If RFID is going to truly transform the global supply chain, then there needs to be an inexpensive way to mass-assemble RFID tags. Matrics, the Rockville, M.D.-based RFID systems provider, recently ...