Wednesday, May 18, 2005

VeriSign buys RFID consulting boutique

Well, this is interesting......

Alorie Gilbert writes in C|Net News:

VeriSign has purchased technology consulting firm R4 Global Solutions for $15 million, expanding its presence in the emerging radio-frequency identification market.

The company completed the all-cash deal on Wednesday. It expects the transaction to be neutral to its earnings per share for the year.


R4 Global Solutions has 26 employees with headquarters in San Francisco. It specializes in helping businesses use RFID technology to monitor their supplies and prevent inventory snags.

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