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    Wednesday, August 30, 2006

    Weyerhaeuser Buys RFID Firm


    Washington-based Weyerhaeuser Company has acquired Colorado Springs, Colorado-based OrganicID, a developer of printed radio frequency identification devices, the firm said Wednesday. Terms of the acquisition were not disclosed. OrganicID develops technology used to design and develop low cost RFID tags for inventory control and supply chain applications, and was backed by ITU Ventures. Weyerhaeuser is a provider of wood and forest products.
    posted on Wednesday, August 30, 2006


    Related stories:
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    > Impinj Raises $14M From Strategic Investors
    > Intermec Licenses Patents
    > Motorola Licenses Intermec Patent
    > Intermec Gets RFID Win At University
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