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July 12th, 2005
BIRD to invest $1m
Motorola and Israeli start-up Cima NanoTech will collaborate in an innovative project supported by the Israel-U.S. Binational Industrial Research and Development Foundation (BIRD). The companies will co-develop next generation radio frequency identification (RFID) solutions for technologies that use radio waves for identification and tracking.
The BIRD Foundation will invest $1million in the joint project, which is valued at $2.4 million.
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