Asset tracking solutions provider Fluensee has announced the acquisition of TrenStar, another player in the RFID-enabled tracking industry. The purchase includes TrenStar’s North American operations, assets, customers and intellectual property.
Company representatives say the purchase of TrenStar will extend Fluensee’s capabilities in the beverage, brewery and synthetic rubber industries. With the acquisition, Fluensee plans to focus on providing a feature-rich and highly scalable asset management solution as a Software as a Service (SaaS) offering.
Both Fluensee and TrenStar are headquartered in the Denver area.