The agreement includes certain technology licensing and commercial sales components. Specific terms of the agreement were not released. "RFID readers are an important, emerging enterprise platform that Incorporates computing, radio, and networking capabilities," Angela Biever, general manager of Intel Capital's New Business Initiatives, said in a prepared statement.
Biever said Sirit and Intel are working toward developing a standards platform architecture for intelligent readers that will serve supply chain management and other emerging RFID applications.