Avery Dennison buys TexTrace

Avery Dennison Smartrac has acquired TexTrace, an integrated RFID products company.

Founded in Switzerland, TexTrace licensed its technology to apparel service bureaus, including Avery Dennison, which provides the inductive coupling antenna used for the integrated labels.

The acquisition was announced in February, 2022. The technology works with dual-frequency tags that incorporate NFC or HF RFID at 13.56 Mhz.