LaserBand
Limited Liability Company | |
Industry | Healthcare |
Founded | St. Louis, Missouri |
Headquarters |
St. Louis, Missouri United States |
Area served | Worldwide |
Products | Patient identification, emergency response tags |
Website | LaserBand |
LaserBand LLC was a provider of patient identification products to hospitals and emergency services and headquartered in St. Louis, Missouri. Zebra Technologies acquired LaserBand in 2012.[1] Prior to the acquisition, LaserBand reported sales of $24 million.[2]
History
Sanjay Jain founded LaserBand in 1999. The company initially patented a self-laminating, laser-printable patient wristband and later developed other laser and thermal wristbands and ancillary products, including emergency response tags.[3]
LaserBand was awarded contracts and established partnerships with several healthcare industry companies and organizations including, but not limited to:
- Cambio[4] (2005)
- National Health Service of the United Kingdom[5] (2008)
- HealthTrust Purchasing Group[6] (2009)
- Novation[7] (2011)
- Access[8] (2011)
As of 2012, LaserBand products were used more than 200 million times per year by hospitals around the world.[9]
Acquisition
In July 2012, Zebra Technologies acquired LaserBand LLC for an undisclosed amount. Effective at the close of the acquisition, LaserBand’s operations became a subsidiary of Zebra.[10]
With the acquisition, Zebra widened its product and patent portfolio, particularly in the healthcare market.[11] Zebra continues to market products acquired through LaserBand with the LaserBand brand name.
References
- ↑ http://www.bizjournals.com/stlouis/news/2012/07/13/laserband-sold-to-zebra-technologies.html
- ↑ http://adi-barcode.com/uncategorized/zebra-technologies-acquires-laserband/
- ↑ http://www.bizjournals.com/stlouis/news/2012/07/13/laserband-sold-to-zebra-technologies.html
- ↑ http://www.mynewsdesk.com/se/cambio/pressreleases/cambio-and-laserband-new-partnership-296005
- ↑ http://www.businesswire.com/news/home/20080715006084/en/NHS-Selects-LaserBand-Improve-Patient-Safety#.VBn_1S4bCjE
- ↑ http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aVmjjsOHenRM
- ↑ http://www.fiercehealthcare.com/press-releases/laserband-improves-wristband-contract-novation
- ↑ http://www.accessefm.com/company/news/news-archive/2011/07/14/access-and-laserband-create-alliance-to-deliver-an-all-in-one-patient-identification-solution-for-hospitals
- ↑ http://hsprod.investis.com/site/irwizard/zebra/ir.jsp?page=sec_item&ipage=9410285
- ↑ http://www.logasiamag.com/tag/ZEBRA-TECHNOLOGIES-ACQUIRES-LASERBAND/1
- ↑ http://hsprod.investis.com/site/irwizard/zebra/ir.jsp?page=sec_item&ipage=9410285