Quake finalizes acquisition of ODIN Technologies
24 January, 2013
category: RFID
Quake Global, an international provider of satellite and terrestrial asset tracking and monitoring technology, announced that it has completed the acquisition of Washington D.C.-based RFID solutions provider, ODIN Technologies.
This acquisition is an important milestone towards achieving Quake’s goal of becoming the foremost provider of innovative RF M2M technology hardware and services at all levels over the next few years, said Quake CEO, Polina Braunstein.
Both companies have extensive experience in their given areas and this combination allows them both to gain access to complementary expertise that will be useful in developing new markets as well as in expanding current markets.
This new merger – combining ODIN’s RFID technology with Quake’s satellite and terrestrial communications – aim to position the two to become major forces in the exploding M2M market.