VeriChip Company Description
Who knew something the size of a grain of rice could protect so much? VeriChip knows it well. The company provides human-implantable radio frequency identification (RFID) microchips for use among parents, hospitals, and governments alike. Each chip is inserted under the skin and contains a unique verification number that can be used to access a subscriber-supplied database providing information when scanned. While its implantable technology has made headlines, most of VeriChip's business comes from marketing wearable and attachable ID tags, as well as vibration monitoring systems, used to monitor and protect both people and assets. Applied Digital Solutions owns about 50% of the company.
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The Company Description provides a historical perspective of VeriChip's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of VeriChip's evolution in the marketplace.
