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ThingMagic is a privately held company headquartered in Cambridge, Massachusetts, specializing in RFID (radio frequency identification) readers, sensors, and other embedded and low cost computing technologies. We believe in open standards, multiple sources, and the power of partnerships. Our standards-based products are available worldwide from a growing number of OEM partners, resellers, and integrators. |
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- ThingMagic announces the Mercury5e-Compact, a product designed specifically for mobile, portable and handheld RFID applications.
- ThingMagic announces the Mercury5e, the industry's first full-power embedded RFID module based on Intel's R1000 chip.
- ThingMagic selected World Economic Forum Technology Pioneer.
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- ThingMagic announces Mercury5, the most capable RFID reader platform on the market. The Mercury5 demonstrates unprecedented read rates in very dense deployments.
- The Mercury4 is certified for operation in South Korea.
- ThingMagic named to Red Herring's 100 for the second consecutive year.
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- UK Retailer Tesco announces that it has selected the Mercury4 platform for one of the largest RFID reader orders ever.
- RFID standards body EPC Global launches the 'Generation 2' tag specification. ThingMagic begins a major user information campaign, producing white papers and a DVD. While all other RFID readers became obsolete or need hardware changes, Mercury4 adjusted to the new standard with a simple remote software upgrade, proving the power of ThingMagic's advanced software defined radio technology.
- Technology Review magazine names co-founder Yael Maguire as one of its top 35 innovators under the age of 35.
- ThingMagic takes its first ever round of investment, raising a total of around $21m from investors including The Exxel Group, The Tudor Group, Cisco Systems, Morningside Technology Ventures, Inventec Appliances Corporation and Topline Growth Capital.
- ThingMagic named to Red Herring's 100 North America, a list of privately-held companies playing a leading role in innovating the technology business.
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- ThingMagic becomes one of the first profitable RFID companies in the world. Other RFID companies begin making 'agile' readers of their own. A second manufacturing partnership, with Omron of Japan, was announced, and ThingMagic's first Intel-based reader, Mercury4, was launched. The Boston Globe surveyed New England's RFID cluster and declared: 'the best positioned local company is ThingMagic'.
- ThingMagic introduces the Mercury4e, a protocol agile, high-performance, embedded module. This product rapidly assumes the leading market position in the printer and encoder market.
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- ThingMagic presented a landmark paper on the Agile RFID readers to the Auto-ID Center's sponsors, and built an improved Mercury2 for the Auto-ID Center's field tests and evaluation kits.
- When Mercury3 was introduced ThingMagic licensed the manufacturing rights to ADT Sensormatic, and announced a collaboration with Intel to develop RFID readers using Intel's XScale family of network processors.
- ThingMagic's co-founder Ravi Pappu named to Technology Review's list of top 100 innovators under the age of 35.
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- MIT's Auto-ID Center gave ThingMagic its hardest problem to date: create the RFID reader of the future - a device that could talk to any RFID tag, on any radio frequency; that could integrate seamlessly with the Internet; that was capable of intelligence at the edge of the network; and that would be very cheap to make in large volumes. Many experts thought such a device was impossible.
- ThingMagic delivered a working prototype, called Mercury 1, in November 2001. This reader read the first EPC Class 1 Gen 1 tag, demonstrating interoperability in the EPC standard for the very first time.
- ThingMagic pioneers the use of software-defined radio in RFID.
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- ThingMagic starts in a garage on Kingston Street in Somerville, Massachusetts. Founders Ravi Pappu, Bernd Schoner, Rehmi Post, Yael Maguire, and Matt Reynolds strongly believe in the Internet of Things, and envision their company as adding magic to everyday objects.
- The company takes on several consulting projects in augmenting existing products with RFID, algorithm design and implementation, and the design of low-cost Linux computers. Customers include blue-chip Fortune 500 companies. The goal is to bootstrap the company without the use of venture capital.
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