Motorola invests in Intelleflex RFID

Motorola has announced a strategic relationship between its RFID division of the Enterprise Mobility business, and Intelleflex, a provider of RFID platform, to deliver extended capability RFID solutions.

The companies will undertake cooperative development activities, combining their respective technologies to create new product platforms to be offered by both companies, enabling each to deliver a powerful set of new RFID solutions to customers worldwide. In addition, Motorola Ventures, the strategic venture capital arm of Motorola, invested in the Series C financing round in Intelleflex along with new investor Arcapita Ventures.

Motorola and Intelleflex have commenced joint development work that will result in the release of new extended capability RFID products, by both companies, in 2008.

Reese Schroeder, managing director of Motorola Ventures, said: "Intelleflex's technology represents a new breed of RFID solutions that focus on extended capability in applications and Motorola Ventures believes that, given the growing variety of business challenges which RFID can help address, these solutions show a clear path to a return on investment. We look forward to this relationship and further extending RFID throughout multiple industries."