Trackonomy Acquires Identiv’s IoT Business Assets and Thai Subsidiary

June 24, 2026

Identiv, Inc. entered into a definitive agreement to sell its IoT business operating assets and its Thai subsidiary to Trackonomy Systems, Inc. for $25 million in cash plus $50 million of Trackonomy preferred equity. The deal was expected to close in Q3 or early Q4 fiscal 2026, and Trackonomy later announced completion of the acquisition of Identiv’s IoT label business.

Buyers
Trackonomy Systems, Inc.
Targets
Identiv’s IoT business operating assets, Identiv (Thai subsidiary), Identiv’s IoT label business
Sellers
Identiv, Inc.
Industry
IT Services
Location
California, United States
Transaction Type
Buyout

Explore More

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.