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Identiv Completes Sale of IoT Assets and Renames Company INVE Technologies, Inc.

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Identiv, Inc. Changes its Name to INVE Technologies, Inc.

Go-Forward Strategy to Focus on Building a Physical AI SaaS Business Supported by Expected Strategic Partnership with Trackonomy

Appoints James Greenwell as Interim CEO Effective September 21, 2026

SANTA ANA, Calif., Sept. 15, 2026 /PRNewswire/ — Identiv, Inc. (NASDAQ: INVE) today announced the closing of its previously announced IoT asset sale transaction with Trackonomy Systems, Inc., a pioneer in battery-powered smart labels and a global leader in Physical AI.

Under the terms of the agreement, the legacy Identiv brand name and IoT business assets were sold to Trackonomy. Subsequent to the closing, Identiv, Inc. changed its corporate name to INVE Technologies, Inc.

The Company’s shares continue to trade on the Nasdaq stock exchange under the ticker symbol “INVE”. Going forward, INVE Technologies intends to focus on building a physical AI SaaS business synergistic with Trackonomy’s platform, driven by strategic acquisitions of compliance SaaS companies.

Upon closing, INVE Technologies received $50 million in Trackonomy preferred equity, subject to post-closing adjustment. The two companies continue to work towards an expected definitive strategic partnership to collaborate on software opportunities that leverage Trackonomy’s physical AI platform.

“Bringing this transformational transaction to a successful close marks an important strategic milestone for our company,” said James Ousley, Chairman of the Board. “By transitioning to INVE Technologies, securing Trackonomy preferred equity, and pivoting our business strategy around physical AI, we believe we are creating a clear, scalable growth path going forward. We remain disciplined in our capital allocation strategy and are committed to returning capital and driving long-term value for our stockholders.”

CEO Kirsten Newquist added, “Today marks the beginning of an exciting new chapter in our company’s history. Moving forward as INVE Technologies, our goal is to build a leading physical AI solutions business through targeted SaaS acquisitions, enhanced by the addition of physical AI data through our expected strategic partnership with Trackonomy.”

To lead the company through this strategic pivot into physical AI compliance SaaS, INVE Technologies announced the appointment of James Greenwell as Interim Chief Executive Officer, effective September 21, 2026. Mr. Greenwell brings over 30 years of executive experience leading high-visibility transformations, M&A roll up strategies and execution, and SaaS commercialization across RFID, IoT, and regulated supply chain markets. He previously held executive leadership roles at Spotlite360, Datria Systems, MusclePharm, and DecisionOne.

“We are excited to welcome James to the new INVE Technologies,” added Mr. Ousley. “His proven track record and strong operational background will be an asset in supporting INVE Technologies through this transition as we begin executing our physical AI strategy and evaluate acquisition opportunities.”

As previously disclosed, Kirsten Newquist will resign as CEO. Her resignation will be effective on September 21, 2026. She will remain an employee through the end of September 2026 and will resign from the INVE Technologies Board effective September 30, 2026.

“On behalf of the Board, we would like to thank Kirsten for dedicated leadership and contributions to Identiv, including bringing this transaction to a successful close,” said Mr. Ousley. “We wish her all the best in her next chapter.”

Raymond James & Associates, Inc. served as financial advisor and Pillsbury Winthrop Shaw Pittman LLP served as legal counsel to Identiv.

Note Regarding Forward-Looking Information
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are those involving future events and future results that are based on current expectations as well as the current beliefs and assumptions of management and can be identified by words such as “anticipate,” “believe,” “continue,” “plan,” “will,” “intend,” “expect,” and similar references to the future. Any statement that is not a historical fact, including statements regarding our belief that we are creating a clear, scalable growth path; our beliefs regarding return of capital and creation of stockholder value; our strategy, opportunities, focus and goals; the expected benefits of the transaction;  the potential benefits of our ownership of Trackonomy’s preferred stock, if any; the anticipated strategic partnership with Trackonomy, including the parties’ ability to enter into a definitive agreement with respect thereto, the terms thereof, and the expected benefits; our beliefs regarding our post-closing go-forward business model, acquisition strategy and ability to identify, complete and integrate acquisitions, on a timely basis or at all; our beliefs regarding our interim leadership; and the timing, amount and execution of any stock repurchases, dividends and/or return of capital, is a forward-looking statement. Factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the parties’ ability to negotiate and enter into a definitive agreement contemplated by the strategic partnership framework agreement and the terms thereof; our ability to achieve the intended benefits of the definitive strategic partnership agreement once executed; risks related to the value that may be realized from Identiv’s equity interest in Trackonomy, if any; the final amount of Trackonomy preferred stock following post-closing adjustments; Trackonomy’s ability to integrate the acquired assets and realize anticipated synergies, cost efficiencies and other expected benefits; our ability to identify, complete and integrate acquisition opportunities, including delays, or at all; litigation relating to the transaction and the effects of any outcome related thereto; costs, fees or expenses resulting from the transaction; changes to the amount of cash transferred by us pursuant to the transaction agreement; the ability of the expected strategic partnership, related software opportunities or future value-creating opportunities to achieve anticipated benefits; our ability to execute our post-closing go-forward business strategy and the success thereof; risks related to the growth of the markets we intend to enter; our ability to remain listed on Nasdaq; risks related to or changes in the timing, amount and execution of any return of capital; and the other factors discussed in our periodic reports, including our Annual Report on Form 10-K for the year ended December 31, 2025, as amended, Quarterly Report on Form 10-Q for the Quarter ended June 30, 2026, and subsequent reports filed with the SEC. All forward-looking statements are based on information available to us as of the date hereof and we undertake no obligation to publicly update or revise any of these forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

INVE Technologies Investor Relations Contact:
IR@invetechnologies.com

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SOURCE Identiv

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RDSolutions Launches ShelfGain to Turn Retail Data into Targeted In-Store Action

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Data-driven retail monitoring combines actionable insights with a nationwide field team to help CPG brands identify and resolve costly shelf-level issues.

RICHMOND, Va., Sept. 16, 2026 /PRNewswire/ — RDSolutions today announced the launch of ShelfGain, a data-driven merchandising platform that identifies store-level availability and execution issues, prioritizes them according to potential revenue impact and deploys RDSolutions’ nationwide field team to resolve them.

CPG brands invest heavily in securing retail distribution, but products are not always available on the shelf when shoppers are ready to buy. While brands have access to more retail data than ever, converting that information into targeted physical action remains a persistent challenge.

ShelfGain connects ongoing retail monitoring directly to in-store execution. Rather than relying solely on predetermined visit schedules, the platform identifies where a specific sales risk exists and triggers a targeted store visit for intervention, in near real-time.

This allows brands to direct resources toward stores where action is needed most, rather than sending teams to high-performing locations simply because they are next on a schedule.

ShelfGain uses 1st and 3rd party data signals to find the stores where you may have sales risks. Underperforming stores and/or OSA issues are the most common points to monitor. Before-and-after photographs are captured during every visit, giving brands clear evidence of what was found, what action was taken and what changed as a result.

One of the most common issues identified is inventory that has reached the store but remains in the back room rather than on the shelf. The product has already been manufactured, distributed and paid for, but is unavailable at the point of purchase. Coresight Research estimates that in-store inefficiencies account for lost sales equivalent to 5.5% of gross sales.

“Insight without resolution is anxiety,” said Jacob Blondin, CEO of RDSolutions. “Knowing a shelf is empty does not recover a sale. ShelfGain turns that insight into action where it matters: at the shelf.”

“Brands do not have a shortage of retail data. They have a shortage of clear answers and the ability to quickly resolve,” said Lee Kallman, Chief Commercial Officer at RDSolutions. “ShelfGain helps brands focus their field investment on the stores where intervention can make the greatest commercial difference.”

From Signal to Resolution

Through ShelfGain, RDSolutions’ nationwide field organization, all employees of the company, can support a range of in-store requirements, including:

Inventory and on-shelf availability: Identifying and resolving availability issues, including stock held in the back room.

Promotional execution: Building displays and verifying that promotions have been implemented correctly.

Product launches and resets: Supporting new product introductions, seasonal resets and wider merchandising changes.

Operational accuracy: Correcting planogram and pricing issues while gathering relevant competitive intelligence.

Proof of execution: Providing photographic evidence and documented outcomes from every visit.

By connecting store-level data directly to an execution network, ShelfGain enables brands to respond to issues faster, improve visibility across their retail estate and reduce the cost of unnecessary field visits.

For more information, visit https://rdsolutions.io/.

About RDSolutions

RDSolutions is an all-in-one partner for retail intelligence and execution, helping brands and retailers win across every channel. With nearly 40 years of retail experience and a nationwide team of full-time field experts, RDSolutions combines large-scale data sourcing, real-time analytics and rapid in-store execution to close gaps and drive measurable results.

Headquartered in Richmond, Virginia, RDSolutions is a wholly owned subsidiary of Markel Group, a Fortune 500 company.

Media Contact:
Alexander Kidd
Marketing Coordinator
RDSolutions
alex.kidd@rdsolutions.io
https://rdsolutions.io/

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SOURCE RDSolutions

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TCI Entertainment Aligns with Globant to Advance its Patented Interactive Commerce Technology

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Agreement with NYSE-listed global technology company establishes framework for development initiatives supporting TCI’s vision of connecting commerce with gaming and interactive digital environments

PLANTATION, Fla., Sept. 16, 2026 /PRNewswire/ — TCI Entertainment (“TCI”), a technology company developing a proprietary platform designed to connect commerce with gaming and interactive digital environments, today announced the execution of a Master Services Agreement (“MSA”) with Globant (NYSE: GLOB), a global technology company specializing in digital transformation, software engineering, artificial intelligence, and emerging technologies.

The agreement establishes the contractual framework under which TCI and Globant can undertake specific development initiatives as TCI advances its proprietary interactive commerce technology toward broader platform development and commercialization.

Globant has more than 27,400 employees across 30+ countries and reported approximately $2.5 billion in trailing twelve-month revenue as of the second quarter of 2026. Its global technology capabilities span areas including software engineering, artificial intelligence, gaming, immersive experiences, cloud technologies, and digital commerce.

TCI’s technology is designed to enable commerce to become more seamlessly integrated into games, virtual environments, and other interactive digital experiences. The company has developed an intellectual property portfolio that includes issued U.S. patents covering key elements of its technology.

“Executing our agreement with Globant represents an important milestone in TCI’s development,” said Harry McMillan, President of TCI Entertainment. “We have spent considerable time developing and protecting the intellectual property behind our vision. As we move toward broader platform development, we believe Globant’s global technology capabilities and experience can provide an important foundation for the next stage of TCI’s growth.”

Given the importance of TCI’s intellectual property portfolio, TCI worked with Greenberg Traurig to strengthen the MSA and establish appropriate protections for the company’s existing patents, proprietary technology, and trade secrets throughout potential development activities.

About TCI Entertainment

TCI Entertainment is a technology company developing a proprietary interactive commerce platform designed to connect commerce with gaming, virtual environments, and other digital experiences. Through its patented technology, TCI seeks to create new opportunities for consumers, game developers, brands, retailers, and commerce partners to participate in transactions occurring within interactive digital environments.

About Globant

Globant (NYSE: GLOB) is a global technology company helping organizations transform through technology, artificial intelligence, engineering, and digital experiences. Globant has more than 27,400 employees across 30+ countries and reported approximately $2.5 billion in trailing twelve-month revenue as of the second quarter of 2026.

Forward-Looking Statements

This press release contains or may contain forward-looking statements regarding TCI Entertainment’s technology, development plans, commercialization strategy, business relationships, and future opportunities. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results or developments to differ materially from those expressed or implied. TCI undertakes no obligation to update any forward-looking statements except as required by applicable law.

Media and Investor Contact

TCI Entertainment
Harry McMillan
info@tcientertainment.com
TCI Entertainment | The Only Games Worth Playing

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SOURCE TCI Entertainment

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RPOA Releases New Report Examining How AI Is Reshaping RPO Business Models, Value, and Pricing

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Research from the RPOA Strategic Foresight Committee finds AI adoption is accelerating faster than the industry’s ability to measure its value, adapt commercial models, and establish common governance practices

MIDLOTHIAN, Va., Sept. 16, 2026 /PRNewswire-PRWeb/ — The Recruitment Process Outsourcing Association (RPOA) today announced the release of 2026 AI and the Future of Recruitment Process Outsourcing: Business Models, Value, and Pricing in Transition, a new executive white paper examining how artificial intelligence is changing the economics and strategic value of recruitment process outsourcing.

“The market is moving quickly, but access to AI itself is no longer the differentiator. The real differentiator is the discipline to integrate AI into delivery, govern it responsibly and demonstrate measurable value. That is where we believe RPO leaders need to focus next.”

Developed by the RPOA Strategic Foresight Committee, the paper finds that AI has moved beyond experimentation to become a baseline expectation in RPO delivery, with applications now embedded across sourcing, screening, scheduling and candidate engagement. Yet the industry has not fully resolved how to measure the value AI creates, who captures that value, or how AI should influence the commercial terms of RPO partnerships.

“AI is no longer simply a technology conversation for the RPO industry,” said Lamees Abourahma, CEO of the Recruitment Process Outsourcing Association. “It is changing how providers deliver value, what buyers expect from their partners, and how both sides need to think about the economics of the relationship. Our goal with this research is to give the industry a grounded view of what is actually changing and where the important questions remain unresolved.”

The white paper identifies five findings defining the current state of AI and RPO:

AI adoption has outpaced value capture. AI-generated efficiencies are not consistently reaching provider margins or buyer pricing, with technology and data integration remaining a significant barrier.Confidence in AI returns depends on who is asked. While 67% of buyers say they can clearly articulate the return on their AI investments, RPO providers report continued difficulty quantifying how much AI reduces recruiter effort.RPO value is migrating from activity to outcomes. As AI absorbs more transactional work, value is increasingly concentrating in advisory capability, workforce intelligence and human judgment.Pricing is under pressure but has not fundamentally changed. Buyers expect AI-driven efficiency to be reflected in commercial terms, while providers face competitive pressure and rising technology costs.AI governance is becoming a differentiator but has not yet emerged as a distinct service line. Buyers increasingly expect providers to demonstrate responsible governance, while common practices and commercial models remain unsettled.

The findings draw on qualitative and quantitative research, including the work of 13 RPOA Strategic Foresight Committee members representing RPO providers, talent acquisition consultants, human capital analysts and recruitment technology providers. The research also incorporates the 2026 RPO Buyer Trends Study with data from 998 employers, including 454 active RPO users.

“The market is moving quickly, but access to AI itself is no longer the differentiator,” said Kim Davis, Chair of the RPOA Strategic Foresight Committee. “The real differentiator is the discipline to integrate AI into delivery, govern it responsibly and demonstrate measurable value. That is where we believe RPO leaders need to focus next.”

The paper concludes that providers capable of integrating AI into client data environments, governing its use credibly and demonstrating measurable outcomes will be better positioned to build the transformational relationships buyers increasingly expect. Conversely, technology capability alone is becoming less of a competitive differentiator and more of a requirement for maintaining client relationships.

The RPOA Strategic Foresight Committee will present and discuss the findings at the 2026 RPOA Annual Conference, taking place October 18–20 in Chicago, as part of the association’s ongoing work examining the signals shaping the future of recruitment process outsourcing.

The white paper is available through the RPOA website:

2026 AI and the Future of Recruitment Process Outsourcing: Business Models, Value, and Pricing in Transition

About the Recruitment Process Outsourcing Association

The Recruitment Process Outsourcing Association (RPOA) is a member-driven organization dedicated to advancing, elevating and promoting recruitment process outsourcing as a strategic talent solution. RPOA brings together RPO providers, technology and business partners, talent acquisition leaders and industry experts to create and curate thought leadership, foster collaboration, and advance understanding of RPO and its role in the future of talent acquisition.

Media Contact

Lamees Abourahma, Recruitment Process Outsourcing Association (RPOA), 1 804-638-4448, info@rpoassociation.org, https://www.rpoassociation.org/

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SOURCE Recruitment Process Outsourcing Association (RPOA)

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