Symbol will pay US$230 million in cash for privately held Matrics, based in Rockville, Maryland, in a deal that is expected to close in the third quarter of this year, according to a Symbol statement.

Matrics Creates New Ways to Secure Lives and Assets for Safe Commerce’ Using Advanced RFID Technology; Responds to Homeland Security Initiative With Advanced RFID Technology to Provide Unique ...

NEW YORK (CBS.MW) -- Symbol Technologies shares slumped Tuesday after the company said it's buying Matrics Inc, a maker of RFID (radio frequency ID) tags and reader systems, for $230 million in cash.

RFID tools vendor Symbol Technologies reported on Tuesday that it has agreed to buy rival radio tag specialist Matrics for $230 million in cash. The deal marries two vendors that have been pushing ...

Feb. 28, 2003 – Matrics, an RFID equipment provider in Columbia, Maryland, has introduced a new handheld RFID reader and revealed plans to market the first fixed RFID reader that handles tags based on ...

Matrics Inc., a Columbia-based company specializing in radio-frequency identification technology, announced yesterday that it has received $20 million in financing from a group of investors led by ...

For more than two years, a team of former National Security Agency scientists has eschewed the Internet boom in favor of a simpler task: building a better radio frequency identification chip known as ...