Zebra Technologies (ZBRA) Buys LaserBand LLC

July 13, 2012 12:01 PM EDT
Zebra Technologies Corporation (NASDAQ: ZBRA) acquired LaserBand LLC, a leading provider of patient identification wristbands and related products which are used more than 200 million times per year by thousands of hospitals around the world.

In 2011, LaserBand had sales of $24 million. The transaction is expected to be immediately accretive to Zebra's earnings.

Terms of the transaction were not disclosed.


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