Nanotechnology Now

Our NanoNews Digest Sponsors

Heifer International

Wikipedia Affiliate Button

Home > Press > STORA ENSO: Stora Enso PackAgent software business merged with Trackway

Abstract:
Stora Enso PackAgent software business merged with Trackway -
Arrangement builds on joint innovation

STORA ENSO: Stora Enso PackAgent software business merged with Trackway

Finland | Posted on January 7th, 2008

Stora Enso PackAgent software business merged with Trackway -
Arrangement builds on joint innovation

Stora Enso Consumer Board's PackAgent software business has been
merged with the Finnish software provider Trackway Oy. Stora Enso
Ventures Oy has acquired a majority shareholding in Trackway.
PackAgent is a software solution jointly developed by Stora Enso and
Trackway for authentication, tracking and tracing of products
throughout the supply chain.

Counterfeit products and grey economy production comprise a huge
global problem. The PackAgent software solution jointly developed by
Stora Enso and Trackway is an innovation that enables companies and
consumers to authenticate, track and trace products, effectively
preventing the entry of counterfeit products into the distribution
channel. The software is compatible with various product
identification technologies such as barcode, RFID and nanotechnology.

Trackway has delivered software solutions for logistics,
manufacturing and asset-tracking based on barcodes, RFID and GPS
technologies since 2001. The company has cooperated with Stora Enso
for three years.

"Stora Enso Ventures' investment in our company will accelerate the
planned entry of Trackway into the international market and it will
provide a solid base for our business development," says Marko
Merenheimo, CEO, Trackway. In connection with this arrangement, the
employees from Stora Enso PackAgent team will be employed by
Trackway.

CEO Marko Merenheimo succeeds Jari Kaitera, who has been appointed
Deputy CEO in charge of Trackway's finance and business operations.
The company aims to become established as an international supplier
of authentication and tracking solutions in cooperation with leading
brand owners. Previous investors in Trackway, including Mentorium
Venture Connection Oy, Finnish Industry Investment Ltd and a fund
managed by Inventure Oy, will remain among company owners.

####

About Trackway Oy

For more information, please click here

Contacts:
Marko Merenheimo
CEO, Trackway Oy
Tel. +358 400 480 181
E-mail

Jari Kaitera
Deputy CEO, Trackway Oy
Tel. +358 20 741 8800
E-mail

Petteri Leskinen
MD, Stora Enso Ventures Oy
Tel. +358 2046 21497
E-mail

www.packagent.com
www.trackway.eu
www.storaenso.com/venturing
www.storaenso.com/productnews

Copyright © Trackway Oy

If you have a comment, please Contact us.

Issuers of news releases, not 7th Wave, Inc. or Nanotechnology Now, are solely responsible for the accuracy of the content.

Bookmark:
Delicious Digg Newsvine Google Yahoo Reddit Magnoliacom Furl Facebook

Related News Press

News and information

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Leti Presents Advances in Propagation Modeling and Antenna Design for mmWave Spectrum: Paper Is One of 15 that Leti Presented at European Conference on Antennas and Propagation March 19-24 March 23rd, 2017

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Law enforcement/Anti-Counterfeiting/Security/Loss prevention

Leti Announces Backside Shield that Protects Microchips from Physical Attacks March 8th, 2017

NUS engineers develop low-cost, flexible terahertz radiation source for fast, non-invasive screening: Novel invention presents promising applications in spectroscopy, safety surveillance, cancer diagnosis, imaging and communication February 1st, 2017

Strength of hair inspires new materials for body armor January 18th, 2017

Dressing a metal in various colors: DGIST research developed a technology to coat metal with several nanometers of semiconducting materials January 17th, 2017

Announcements

Argon is not the 'dope' for metallic hydrogen March 24th, 2017

Promising results obtained with a new electrocatalyst that reduces the need for platinum: Researchers from Aalto University have succeeded in manufacturing electrocatalysts used for storing electric energy with one-hundredth of the amount of platinum that is usually needed March 24th, 2017

Rice U. refines filters for greener natural gas: New study defines best materials for carbon capture, methane selectivity March 23rd, 2017

Artificial photosynthesis steps into the light: Rice University lab turns transition metals into practical catalyst for solar, other applications March 23rd, 2017

Acquisitions/Mergers/Splits

Bruker Announces Acquisition of Nanoindenting Leader Hysitron: Acquisition strengthens Brukerís leading position in nanoanalysis and nanomechanical materials characterization January 24th, 2017

GLOBALFOUNDRIES Completes Acquisition of IBM Microelectronics Business: Transaction adds differentiating technologies, world-class technologists, and intellectual property July 1st, 2015

Entest BioMedical, Inc. in Discussions to Acquire Nanotechnology Delivery System for Cancer Therapy June 3rd, 2015

Evident Thermoelectrics Acquires GMZ Energy: Investment Accelerates Launch Of Evident's Thermoelectric Modules For Waste Heat May 20th, 2015

RFID

Nanowire 'inks' enable paper-based printable electronics: Highly conductive films make functional circuits without adding high heat January 4th, 2017

Conformal transfer of graphene for reproducible device fabrication August 11th, 2015

GLOBALFOUNDRIES Launches Industryís First 22nm FD-SOI Technology Platform: 22FDX offers the best combination of performance, power consumption and cost for IoT, mainstream mobile, RF connectivity, and networking July 13th, 2015

New micro-supercapacitor structure inspired by the intricate design of leaves: A team of scientists in Korea has devised a new method for making a graphene film for supercapacitors July 2nd, 2015

NanoNews-Digest
The latest news from around the world, FREE



  Premium Products
NanoNews-Custom
Only the news you want to read!
 Learn More
NanoTech-Transfer
University Technology Transfer & Patents
 Learn More
NanoStrategies
Full-service, expert consulting
 Learn More











ASP
Nanotechnology Now Featured Books




NNN

The Hunger Project