Identive to divest non-core assets

|By:, SA News Editor

Identive's (INVE) board has approved the sale of non-core businesses to enhance the company's focus on high-growth ops. Identive expects to divest its Multicard U.S. business and the assets related to the Tagtrail platform in "the next few months."

The company will classify those businesses as discontinued operations beginning in Q4.