Authentix completed the acquisition of Traceless Authentication Group from Bibliotheca.

Authentix, an authentication and information services company, completed the acquisition of Traceless Authentication Group, an anticounterfeiting and diversion control company, from Bibliotheca, a library systems solutions company. Financial terms were not disclosed. "Authentix has been a dominant leader in the brand protection market for over 20 years serving some of the world's largest brand owners, and this strategic acquisition expands our security technology offerings available to our growing list of global clients along with the addition of Traceless customers added in this transaction. Traceless brings an extensive capability in the worldwide digital tracking of products and consumer-level product marketing, both of which integrate well with our growth strategy," Kevin McKenna, Authentix CEO.