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Impinj

#3993

Rank

$2.2B

Marketcap

US United States

Country

Impinj
Leadership team

Dr. Chris Diorio Ph.D. (Co-Founder, Vice Chairman & CEO)

Mr. Cary L. Baker (Chief Financial Officer)

Mr. Jeffrey Dossett (Chief Revenue Officer)

Products/ Services
Internet of Things, RFID, Software
Number of Employees
100 - 500
Headquarters
Seattle, Washington, United States
Established
2000
Company Registration
SEC CIK number: 0001114995
Revenue
100M - 500M
Traded as
PI
Social Media
Overview
Location
Summary
Impinj, Inc. operates a cloud connectivity platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. Its platform, which comprises multiple product families, wirelessly connects individual items and delivers data about the connected items to business and consumer applications. The company's platform comprises endpoint ICs, a miniature radios-on-a-chip that attaches to a host item and includes a number to identify the item. Its platform also consists of systems products that comprise reader ICs, readers, and gateways to wirelessly provide power to and communicate bidirectionally with endpoint ICs on host items, as well as to read, write, authenticate, and engage the endpoint ICs on those items; and software and algorithms that enables its partners to deliver use cases, such as retail self-checkout and loss prevention, and warehouse pallet and carton tracking to end-users. The company primarily serves retail, supply chain and logistics, aviation, automotive, healthcare, industrial and manufacturing, sports, food, datacenter, travel, banking, and linen and uniform tracking sectors through distributors, system integrators, value-added resellers, and software solution partners. Impinj, Inc. was incorporated in 2000 and is headquartered in Seattle, Washington.
History

Impinj was founded in 2000 based on the research of Carver Mead and his student Chris Diorio. The name Impinj stands for "Impact-ionized Hot-electron Injection".

In 2006, Impinj became the first company to introduce products based on the EPCglobal UHF Gen 2 standard.Bear Stearns reported in 2006 that Wal-Mart issued contracts to Impinj and Alien Technology, including them as significant suppliers for a total 15,000 RFID readers needed for Wal-Mart stores and distribution centers. The report invited speculation but was not confirmed.In the same year, Impinj created new partnerships in Asia. In February, Impinj signed an Original Equipment Manufacturer agreement with the Hong Kong based company Convergence Systems Limited .

In December, Impinj partnered with Korean company LS Industrial Systems to create RFID solutions targeting the Korean market.In June 2008, Impinj sold its non-volatile memory business to Virage Logic.

Also in 2008, Impinj acquired the Intel RFID division, including an Intel-developed RFID reader chip. Impinj renamed the chip Indy R1000.

In 2009, Coca-Cola unveiled their Freestyle soda machine that gives users one hundred and sixty five different possible drink combinations. The Freestyle soda machine uses Impinj Monza tag chips and Indy reader chips to determine user preferences and to monitor the dispensers.

Mexico has certified the Impinj Speedway reader to be used by state agencies in the electronic vehicle registration initiative beginning in Mexico in July 2010.

In 2005, Impinj began working with Intel to develop RFID chips that would allow for "Processor Secured Storage."

Impinj created two new chips for the project: Monza X-2K Dura and Monza X-8K Dura,

which allow for increased theft deterrence and wireless configuration of electronic devices. The chips will be used in Intel's Microsoft Windows 8-based processors for tablet computers, which will be released in the second half of 2012.

Mission
Digital Life for Everyday Items
Vision
Impinj envisions a world in which everyday items are connected. Items tagged with RAIN RFID can be identified, located and interacted with safely and effectively. We are committed to creating solutions that leverage RFID technologies to realize the connected future.
Key Team

Mr. Hussein Mecklai (Chief Operating Officer)

Ms. Denise Masters (Interim VP of Accounting & Corp. Controller)

Mr. Yukio Morikubo (Gen. Counsel)

Jill West (VP of Strategic Communications)

Ms. Christina Balam (VP Of HR)

Andy Cobb C.F.A. (VP of Strategic Fin.)

Recognition and Awards
Impinj has won numerous awards and distinctions, including the RFID Journal “Best of Show” award, Red Herring “Top 100” USA award, Deloitte Fast 500 award, NTT Data “Innovation Award”, AlwaysOn “Going Green” award, and FORTUNE Magazine “Fast Growing Companies” award.
References

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Impinj
Leadership team

Dr. Chris Diorio Ph.D. (Co-Founder, Vice Chairman & CEO)

Mr. Cary L. Baker (Chief Financial Officer)

Mr. Jeffrey Dossett (Chief Revenue Officer)

Products/ Services
Internet of Things, RFID, Software
Number of Employees
100 - 500
Headquarters
Seattle, Washington, United States
Established
2000
Company Registration
SEC CIK number: 0001114995
Revenue
100M - 500M
Traded as
PI
Social Media