Xerox purchases IP portfolio for Thinfilm’s printed rewriteable memory labels
Xerox is to acquire certain Thinfilm Memory intellectual property from Thin Film Electronics.
In return, Thinfilm will receive an up-front payment plus an earn-out based on the existing agreed-to royalty schedule.
Thinfilm is a global leader in NFC mobile marketing and smart packaging technology using printed electronics. The company creates printed tags, labels and systems that include memory, sensors, displays and wireless communication.