Vivotech to Cease Operations?

Reader and NFC Software Vendor Vivotech to Cease Operations

Published: Jul 27 2012

 

Updated: Jul 27 2012 (All day)

U.S.-based contactless reader and NFC software company Vivotech has informed employees of an impending shutdown, said sources, who say the company's hardware and software businesses are up for sale.

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By: 

 Dan Balaban

U.S.-based Contactless reader and NFC software vendor Vivotech has told employees that it plans to cease operations, NFC Times has learned.

The vendor is holding conference calls today with employees in branch offices to explain the move to discontinue operations–though it could continue to fulfill some contracts–as it seeks to reach deals to sell its reader and possibly the software businesses, sources told NFC Times. The company has had as many as 90 employees, said a source.

read more at NFC Times

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