Stanley Black & Decker Healthcare Solutions Buys InfoLogix

Back in 2008 InfoLogix was busy with some of their own acquisitions and in healthcare it’s not slowing down. InfoLogix is involved with the wireless and RFID portion of healthcare technologies.

InfoLogix Acquires Aware Interweave, Inc.

We all think of Stanley products as tools but they have a healthcare division as well. They offer a varied line of products and one example is a wristband that will open doors for people and one other product called “wonder management” which tracks patients who may wonder around the hospital so if you get out of your bed, they can find you. Also interesting is a Tabs Fall Manager to where monitors are placed on chairs, beds, etc. to use a button to call the nurse. Much of their technology is for monitoring purposes and this seems to be a good fit with RFID technologies and of course when you read the information on the website, this is all designed to save money. Roll-Check was another interesting device that alerts on patient movements and can alert them to roll over. BD

HATBORO, PA – InfoLogix, Inc., a provider of enterprise mobility and wireless asset tracking solutions for the healthcare industry, announced Thursday that it will be acquired by Stanley Black & Decker for approximately $61.2 million.

Stanley's addition of InfoLogix helps bolster its healthcare growth platform, bringing an established provider of mobile workstations and asset tracking solutions into the fold. As part of Stanley Healthcare Solutions, InfoLogix’s business will be well-positioned to extend its reach in healthcare and commercial markets by having access to the resources, brand equity and global supply chain of a S&P 500 company.