Identiv, Inc. has completed the sale of its IoT asset business to Trackonomy Systems and changed its name to INVE Technologies, Inc. The company plans to focus on building a physical AI SaaS business, leveraging a strategic partnership with Trackonomy and acquiring compliance SaaS companies. INVE Technologies received $50 million in Trackonomy preferred equity as part of the deal. James Greenwell has been appointed interim CEO to lead the company through this strategic shift, replacing Kirsten Newquist who will resign in September 2026. This pivot aims to create a scalable growth path by combining physical AI technology with SaaS solutions.
Identiv's recent strategic shift to INVE Technologies comes as a backdrop to the broader Technology sector performance on Pluang. For readers following this sector, here is Pluang's market snapshot as of Sep 16, 2026 02:41 WIB: out of 150 priced Technology-sector US stocks, 50 rose and 99 fell. Notable movers include Skyworks Solutions Inc (SWKS) with a price of USD 88.68 and a 1-day change of +11.88%, Coinbase Global, Inc. (COIN) at USD 173.07 down -9.60%, and Fubotv Inc (FUBO) at USD 10.81 down -8.89%.
Sika AG posted a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite currency headwinds. The company saw organic growth of 3.5% and improved material margins to 55.4%, with EBITDA rising 1.9% t...
Sika reported a 4.8% sales increase in local currencies for the first nine months of 2026, reaching CHF 8.71 billion despite a negative currency effect. The company improved its material margin to 55.4% and maintained an EBITDA margin of 19.2%, with ...
Aduro Clean Technologies announced its participation in five major industry and investor conferences from October to December 2026. The company will showcase progress in its Hydrochemolytic™ technology for recycling plastics and upgrading crude oils,...
Aduro Clean Technologies announced it will participate in five conferences between October and December 2026, engaging with industry professionals and institutional investors. Key topics include updates on their Hydrochemolytic™ technology for recycl...
On October 22, US spot Bitcoin ETFs experienced a significant outflow of $635 million, with BlackRock's iShares Bitcoin Trust (IBIT) accounting for $254 million of the withdrawals. This reversed a strong inflow trend from the previous three days, whe...
