ZEBRA TECHNOLOGIES ACQUIRES LASERBAND

Zebra Technologies has acquired LaserBand, provider of patient identifi cation wristbands and related products which are used more than 200 million times per year by thousands of hospitals around the world. This acquisition strengthens Zebra’s leadership position in serving the healthcare industry. For 2011, LaserBand had sales of US$24 million. The transaction is expected to be immediately accretive to Zebra’s earnings. Terms of the transaction were not disclosed.


ZEBRA TECHNOLOGIES ACQUIRES LASERBAND


Zebra Technologies has acquired LaserBand, provider of patient identifi cation wristbands and related products which are used more than 200 million times per year by thousands of hospitals around the world. This acquisition strengthens Zebra’s leadership position in serving the healthcare industry. For 2011, LaserBand had sales of US$24 million. The transaction is expected to be immediately accretive to Zebra’s earnings. Terms of the transaction were not disclosed.

“With the increasing focus on improving patient safety and hospital workfl ow, Zebra’s innovative products and solutions enable healthcare organizations to more easily track people, assets and information,” said Anders Gustafsson, CEO of Zebra. “As a leader in patient identifi cation, LaserBand is an excellent strategic fi t as we expand our dedicated healthcare off erings. We are delighted to welcome this talented team to the Zebra family.”



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