SAMSys scores first patent as U.K. technology firm takes equity stake
News | 03/18/2002 5:00 am EST
SAMSys Technologies Inc., a radio frequency identification (RFID) system developer, has scored a couple of major wins recently that should greatly increase awareness of the Toronto-based company in global markets. In late February, SAMSys received its first patent covering proprietary RFID tag evaluation technology, and it landed a $9-million infusion of cash from BTG International Ltd. in exchange for a 23 per cent equity stake in the firm. This content is available to wirereport.ca subscribers Already a subscriber? Sign in here Unlock all the Canadian telecom, broadcasting and digital media news you need.Take a free trial or subscribe to The Wire Report now. FREE TRIALTwo weeks free access to thewirereport.ca and our exlusive newsletters. SUBSCRIBEUnlimited access to thewirereport.ca and our exlusive newsletters. Reuse & PermissionsUnauthorized distribution, transmission, reuse or republication of any and all content is strictly prohibited. To discuss re-use of this material, please contact: Customer Care, 613-688-8821 | subscriptions@hilltimes.com |