AeroScout News
2 articles
growth-positive
Stanley Black & Decker buys AeroScout - Globes
AeroScout Inc., a developer of real-time location systems, has been acquired by Stanley Healthcare Solutions, a division of Stanley Black & Decker Inc., for a reported amount of $200-250 million. AeroScout, founded in 1999, focuses on RFID solutions for the enterprise market, particularly targeting the healthcare sector. The acquisition is expected to enhance Stanley Healthcares industrial and security solutions, and establish an Israeli R&D center around AeroScouts 200 employees. AeroScouts technology combines various communications technologies with Wi-Fi signals and sensors to provide precise location results, which is particularly beneficial for healthcare customers. The acquisition follows AeroScouts successful contracts with US hospitals and aims to improve healthcare solutions by enhancing quality, safety, and efficiency in patient care.
Acquired-by
growth-positive
Israel's AeroScout sold for $240m.
AeroScout, an Israeli company specializing in Wi-Fi-based active RFID technology, has been acquired by an American infrastructure and services company for $240 million. The buyers identity will be revealed after clearing US trade hurdles. AeroScouts solutions are used by top companies and organizations worldwide, and it has partnered with Accenture, Cisco Systems, HP, and NEC. Despite the acquisition, AeroScout will continue to develop its RFID technology, with its R&D headquarters remaining in Israel.
Acquisition
