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Identive to divest non-core assets

Nov. 13, 2013 9:17 AM ETIdentiv, Inc. (INVE) StockINVEBy: 2, SA News Editor1 Comment
  • Identive's (NASDAQ: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.

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