Technology | 2011.03.19
3M Invests in motionID technologies AG
ST. PAUL, Minn.--(BUSINESS WIRE)--3M, through its 3M New Ventures business, has invested in motionID technologies AG, a developer of an innovative ePayment system that enables vehicles to be automatically equipped with a payment function. Terms of the transaction were not disclosed. Under the VIATAG trademark, motionID’s small radio-frequency tag, which is attached to the windshield, provides the vehicle with a contactless identification and payment function. The system is used in applications s
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