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

James Riley 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.[1]

LaserBand was awarded contracts and established partnerships with several healthcare industry companies and organizations including, but not limited to:

As of 2012, LaserBand products were used more than 200 million times per year by hospitals around the world.[8]

  • Cambio[3] (2005)
  • National Health Service of the United Kingdom[4] (2008)
  • HealthTrust Purchasing Group[5] (2009)
  • Novation[6] (2011)
  • Access[7] (2011)

Acquisition

In July 2012, Zebra Technologies acquired LaserBand LLC for an undisclosed amount.[9] 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.[8] Zebra continues to market products acquired through LaserBand with the LaserBand brand name.

References

  1. Diana Barr. LaserBand sold to Zebra Technologies www.bizjournals.com, July 13, 2012^
  2. Zebra Improving Healthcare by Acquiring LaserBand | Uncategorized retrieved 2014-09-23^
  3. Cambio and Laserband- new partnership^
  4. NHS Selects LaserBand to Improve Patient Safety^
  5. 404. Page Not Found - Bloomberg Bloomberg.com, retrieved 2017-03-08^
  6. LaserBand Improves Wristband Contract with Novation - FierceHealthcare www.fiercehealthcare.com^
  7. Access and LaserBand Create Alliance to Deliver an All-In-One Patient Identification Solution for Hospitals retrieved 2014-09-23^
  8. Zebra Technologies Corporation - SEC Filing retrieved 2019-06-02^
  9. Zebra Technologies acquires wristband maker LaserBand Reuters, 2012-07-13, retrieved 2020-06-18^
  10. ZEBRA TECHNOLOGIES ACQUIRES LASERBAND - Logistics Insight Asia 10 September 2012^