Tuesday, January 15, 2008
Vue Technology Signs New Balance
Lake Forest-based Vue Technology said Monday that the firm's RFID solutions have been implemented by footwear manufacturer New Balance. Financial impact of the deal was not disclosed. Vue said that New Balance will use the firm's RFID solution to track distribution of the firm's footwear from its distribution center to its corporate factory store. Vue Technology is venture backed by Canaan Partners, MeadWestvaco, and Partech International.