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News 2026-09-21 11:31 UTC

Identiv sells IoT business to Trackonomy; appoints interim CEO

Identiv sold its IoT business and brand to Trackonomy for $50M in preferred equity, rebranded as INVE Technologies and pivoted to physical AI SaaS. CEO Kirsten Newquist will resign Sept 21, 2026, with James Greenwell named interim CEO that day.