Avery Dennison Corp., Glendale, Calif., announced a definitive agreement to acquire Smartrac’s Transponder (RFID inlay) division.

To improve traceability, the cold food industry is turning to radio frequency identification (RFID) technology.

With increased standards, lower system costs, greater solution reliability and higher adoption rates, RFID is poised for an explosive year, according to experts from Barcoding Inc.