Identiv signs exclusive supply agreement with IFCO

Identiv (INVE) announced the signing of an exclusive supply agreement with IFCO, a global provider of reusable packaging solutions for fresh food, to develop and supply next-generation smart BLE labels. Under the terms of the agreement, Identiv will serve as the exclusive supplier for committed manufacturing volumes of these specialized BLE labels. Following the successful completion of the development phase, IFCO will retain exclusivity for the customized BLE labels throughout the agreement term as they are integrated across IFCO’s global network of more than 400M reusable packaging containers.