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INVE Technologies

Identiv Sells IoT Assets to Trackonomy, Rebrands as INVE Technologies

Santa Ana, Calif. – September 18, 2026 -- Identiv, Inc. has closed the sale of its legacy IoT business assets and Identiv brand name to Trackonomy Systems, Inc., completing a transaction that triggers the company's rename to INVE Technologies, Inc. Shares continue trading on Nasdaq under the ticker "INVE."

Company receives $50 million in Trackonomy preferred equity

Upon closing, INVE Technologies received $50 million in Trackonomy preferred equity, subject to post-closing adjustment. The two companies are working toward a definitive strategic partnership agreement to collaborate on software opportunities built on Trackonomy's physical AI platform, though terms remain unfinalized.