Acceliot Signs an Agreement to Gain Exclusive Right to Mojix RFID Hardware

By CIOReview | Tuesday, December 15, 2020

Acceliot has agreed to exclusive rights to manufacture, sale, and distribute the Mojix RFID hardware.

FREMONT, CA: Acceliot, a prominent provider of integrated IoT has driven digital transformation solutions, has agreed to exclusive rights to manufacture, sale, and distribute the Mojix RFID hardware, which also includes the award-winning line of STAR and STARflex RFID readers. STAR System product line was first launched in 2008, and it continues to develop and deliver industry-leading performance with the highest reader sensitivity in the market, onboard application support, and real-time location accuracy down to 3 feet. Moreover, the original RFID hardware team of Mojix have joined Acceliot and Paul Barriga, CTO and co-founder lead the R&D and Support teams.

The industry analysts estimated the worldwide RFID reader market to grow to $22.5 billion in 2026, at 9.8 percent CAGR, determined by the deteriorating prices of RFID tags and accelerating adoption across industries. Meanwhile, the RTLS market growth is predicted at 25 percent CAGR, and 16.5 billion new IoT devices will be connected over the next few years.

"Industry 4.0 is rapidly transforming business operations and customer experiences around the world. It requires connecting facilities with real-time process execution throughout the supply chain. This unprecedented change requires an experienced partner with advanced and integrated IoT platforms. The STAR System RFID products gives us proven technology and a solid base of customers, system integrators, and resellers around the world and offers continuity of business for retail and industrial clients of Mojix," said Shawn Manesh, CEO and Co-founder of Acceliot. "We look forward to growing our partner network and continue to provide integrated solutions to the market with Mojix."

"This agreement allows us to focus on our software platform that digitize and automate supply chains in real-time," said Dan Doles, President and CEO of Mojix. "We are now completely hardware agnostic we can aggregate and process item-level data streams whether the sensors are RFID, NFC, QR codes, BLE, or UWB, and then transform that data into operational intelligence. I am confident that under the leadership of Shawn Manesh and the team at Acceliot the STAR System product line will thrive."