Elliot Advisors et al. support new €8m investment in Tagsys
Elliot Advisors, Endeavour Vision, Add Partners, DFJ Esprit and Saffron Hill Ventures have provided Tagsys, a semiconductor company, with an € 8m investment in a D-round of financing. The company has previously received $80m in investments.
Founded in 2001 as a spin-off from Gemplus, Tagsys is the world's leading independent and dedicated provider of radio frequency identification (RFID) tags and reading systems. Tagsys will use the investment to expand its distribution channels and expand into new markets.
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