Home / Knowledge / News / Apparel/Garments / Invengo acquires Tagsys RFID textile services
Invengo acquires Tagsys RFID textile services
Jun '16
Courtesy- Invengo
Invengo, the global RFID technology provider, has announced the finalisation of acquisition of the textile services and legacy RFID tag business from French company Tagsys RFID.

Invengo extends its global footprint and product development capabilities in high value-added markets providing outstanding growth potential such as textile professional rental services, healthcare and medical tracking solutions, as well as manufacturing and logistics segments through the acquisition.

Invengo has acquired the textile services business from Tagsys featuring leading RFID tags, innovative, fully integrated, scalable linen inventory visibility, management IoT platform called Acuity, specifically designed to provide digital analytics and services to laundry groups and their clients. Invengo takes over divisions, including operational, commercial and R&D personnel, which will serve to strengthen Invengo's European presence and global talent pool.

“It is an exciting time for Invengo as this acquisition launches us into new markets with tremendous potential for innovative and robust RFID technology, specifically in the healthcare and hospitality textile services fields. In addition to our already strong position in RFID Services for the library, railway and retail verticals, it further enhances our offering and expertise in specialized RFID tag products. The acquisition of Tagsys' Textile Services and Legacy RFID tag business brings valuable resources and new talents to our global business and we are very excited about these European and Global expansion opportunities,” said Jiann Hsieh, CEO of Invengo International.

“We are beyond excitement to join Invengo. We have a long history of designing and deploying innovative and rugged solutions for complex environments such as the industrial laundry markets. Invengo's significant design and manufacturing capacities will spearhead our industry leadership, long-term track record of consistent product innovation and durability, and growth opportunities,” said Richard Bailly, president textile and custom application services. (NA)

Fibre2fashion News Desk - India

Must ReadView All

(L-R) Mr Shao Bojin, Chairman of Jihua Group and Mr Rohit Aggarwal, President of Huntsman Textile

Textiles | On 28th Oct 2016

Huntsman gets into strategic partnership with Jihua Group

Huntsman Textile Effects, the leading provider of high quality dyes...

Marzoli FT6D roving frames in Sintex’s Unit 2. Coutresy: Marzoli

Textiles | On 28th Oct 2016

Marzoli roving frames erected at Sintex textile division

A total of 48 Marzoli roving frames were erected in units I, II and...

Courtesy: Polartec

Textiles | On 28th Oct 2016

Polartec innovates most breathable waterproof fabric

Polartec, the premium provider of innovative textile solutions, has...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Sonia Agarwal

‘The terms eco-friendly and organic are common but everyone perceives them ...

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search