Intelleflex acquires RFID intellectual property (IP) of Maxim Integrated Products

Intelleflex Corporation, a provider of radio frequency identification (RFID) solutions, products and technologies, has acquired the RFID intellectual property (IP) of Maxim Integrated Products, Inc., a designer and developer of analog and mixed-signal semiconductor products. Both the companies are based in the US.

In exchange for the assets, Maxim Integrated Products will receive an equity position in Intelleflex.

Announcement (October 28, 2009):

Intelleflex has reached a definitive agreement with Maxim Integrated Products to acquire its engineering team, a body of design works and related IP.

Deal Type    Acquisition
Sub-Category Asset Purchase
Deal Status  Completed: 2009-11-04

Deal Participants

Target (Company)   Maxim Integrated Products, Inc. - RFID Intellectual Property
Acquirer (Company) Intelleflex Corporation
Vendor (Company)   Maxim Integrated Products, Inc.

Related terms: acquisition, engineering, equity, products, property, radio, semiconductors, technology