U.S.-based startup Sequent has acquired what appears to be the remaining operational assets of former contactless reader and NFC software vendor Vivotech, purchasing Vivotech’s software unit.
The acquisition brings to an end more than 10 years of business by Vivotech, a pioneering company in the contactless and NFC markets.
Silicon Valley-based Vivotech, which several weeks ago appointed a firm to liquidate its assets, in early August announced it had sold its contactless reader business to U.S.-based ID Tech. As NFC Times reported in late July, Vivotech told employees it planned to cease operations.