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