Identiv Completes IoT Asset Sale, Renames Company

05:03 PM EDT, 09/15/2026 (MT Newswires) -- Identiv (INVE) said Tuesday it has closed the sale of its legacy Identiv brand name and IoT business assets to Trackonomy, and changed its corporate name to Inve Technologies. The company said it received $50 million in Trackonomy preferred equity from the deal, adding that its shares continue to trade on Nasdaq under the "INVE" ticker symbol. James Greenwell will become interim CEO effective Sept. 21, replacing Kirsten Newquist, who will resign as CEO on the same day, the firm said.