Impinj and EM Microelectronic Announce Gen2X Licensing Agreement
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Impinj Gen2X to increase performance of EM Microelectronic endpoint ICs Impinj, Inc. (NASDAQ:PI), a leading RAIN RFID provider and Internet of Things pioneer, today announced a licensing agreement with EM
Original sourceAI Summary
Impinj has announced a licensing agreement with EM Microelectronic to integrate Gen2X technology into future endpoint ICs. This collaboration aims to enhance performance and unlock new applications across various industries, potentially leading to increased demand and revenue growth for Impinj, particularly by 2027 when products are expected to launch.
Sentiment Rationale
Historically, strategic partnerships lead to enhanced product offerings and market reach, driving stock price momentum. Similar agreements have previously resulted in sustained stock performance growth in tech sectors.
Trading Thesis
Buy PI for potential long-term growth fueled by Gen2X integration benefiting various industries.
Market-Moving
- The expected commercial availability of Gen2X-enabled ICs in 2027 may drive early investor interest.
- Partnerships with companies like EM Microelectronic strengthen Impinj's competitive position.
- Future innovations stemming from Gen2X could enhance revenue projections significantly.
- Market expansion into new industries via Gen2X could catalyze increased demand.
Key Facts
- Impinj partners with EM Microelectronic to license Gen2X technology.
- Gen2X integration aims to boost performance in endpoint ICs by 2027.
- This collaboration opens doors to new applications in various industries.
- Gen2X enhances operational efficiency with compatibility to Gen2 standards.
- Impinj is positioned to leverage innovations from this partnership.
Companies Mentioned
- EM Microelectronic (EM Microelectronic)
Corporate Developments
This news fits under 'Corporate Developments' as it involves a strategic licensing agreement that can propel Impinj's technological capabilities and market presence significantly. Such collaborations are crucial for innovation-driven companies seeking to expand their product line and penetrate new markets.
Impinj Gen2X to increase performance of EM Microelectronic endpoint ICs
Impinj, Inc. (NASDAQ:PI), a leading RAIN RFID provider and Internet of Things pioneer, today announced a licensing agreement with EM Microelectronic, a semiconductor manufacturer specialized in the design and production of ultra-low power, low voltage integrated circuits (IC), to integrate Impinj Gen2X into future EM endpoint ICs.
"We are committed to enabling a broader ecosystem of product and technology providers to deliver powerful solutions to an array of market segments and use cases," said Gahan Richardson, EVP and General Manager, Impinj Business Unit. "We're thrilled to extend Gen2X performance advantages to EM Microelectronic, and we look forward to the future innovations that stem from this collaboration."
"Our RAINFC dual-frequency product line greatly extends RFID capability beyond traditional RAIN RFID use cases. Gen2X integration into this and future product lines will further improve performance on proven use cases while opening the door to new industries and segments, delivering unmatched value," said Pierre Muller, RFID BU leader at EM Microelectronic. "With demonstrated operational benefits and compatibility with Gen2 standards, we see enormous potential for future innovations across segments, leveraging the features and capabilities that Gen2X delivers."
The next-generation, Gen2X-enabled dual-frequency ICs are expected to be commercially available in 2027. Learn more about Gen2X at http://www.impinj.com/products/technology/Gen2X.
About Impinj
Impinj (NASDAQ:PI) helps businesses solve operational challenges and improve consumer experience by wirelessly connecting billions of everyday things — such as apparel, automobile parts, luggage, and shipments — to the Internet. The Impinj platform uses RAIN RFID to deliver timely data about these everyday things to business and consumer applications, enabling a boundless Internet of Things. www.impinj.com
Impinj is a registered trademark of Impinj, Inc. All other trademarks are the property of their owners.
About EM Microelectronic
EM Microelectronic, a company of the Swatch Group, designs and manufactures True Ultra-low power integrated circuits and modules for battery-operated and field-powered devices in wearable, consumer, automotive and industrial applications. A Swiss pioneer with more than 30 years' track record in RFID, EM has been serving the market with premium solutions for small portable devices and green IoT since 1975. For more information visit www.emmicroelectronic.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20260111409190/en/
For more information, contact:
Impinj Media Relations
Emily Schauer
Senior Manager, Corporate Communications
+1 206-209-2923
eschauer@impinj.com
EM Microelectronic Media Relations
Marie-Michele Cliche
Marketing and Communications Manager
+41 32 755 55 29
marketing@emmicroelectronic.com