May 23, 2006 9:53 AM

French tech firm moving HQ to Cambridge, planning to hire
Posted by Douglas Eisenhartat 9:53 AM

A French company that makes radio-frequency identification tags for library books, prescription drug vials, and other products has announced that it is moving its global headquarters from Marseille to Cambridge:

Tagsys will join a small cluster of Boston area firms that specialize in the technology, known as RFID. Initially, however, it will only move about a dozen employees, including chief executive Eli Simon, to its new offices in Kendall Square near the Massachusetts Institute of Technology. While it will keep about 80 workers in France, the company expects to have about 25 employees here by August and between 50 and 60 within a year, Simon said.