Tuesday, April 11, 2006
IDVELOCITY ACQUIRED BY NCR
NCR Corporation has taken over the assets of IDVelocity LLC. IDVelocity LLC is a company based in Greensboro, N.C. Greensboro, N.C. helps companies collect and and utilize data from millions of RFID tags.
The acquisition of IDVelocity LLC will boost NCR’s RFID solution portfolio. One component of NCR's RFID solution is the Teradata database. IDVelocity technology supports the ability of a Teradata(R) Warehouse to provide actionable analytics by tracking and evaluating item movements at a detailed level and to see those movements at more frequent points in the supply chain.
It seems to be a great opportunity for NCR Corporation to move ahead and achieve greater heights with the inclusion of the newly acquired assets.