Paragon ID acquires business and assets of Electronic Data Magnetics

PARIS, FRANCE: Paragon ID, leading provider of identification solutions, has acquired the business and assets of Electronic Data Magnetics Inc., (EDM) in US, a bourse filing said. Founded in 1983 by the Hallman family, EDM grew to become America’s biggest manufacturer of tickets for the Mass Transit market. Electronic Data Magnetics (EDM) manufactures and markets…

Paragon ID acquires a controlling interest in Apitrak

PARIS, FRANCE: Paragon ID has acquired a controlling interest in Apitrak, a French start-up specialising in Real-Time Location Systems (RTLS) using a wide range of data acquisition technologies including active & passive RFID, Bluetooth Low Energy (BLE), Wi-Fi and GPS. Having already established itself as the market leader in the UK hospital sector for locating…