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Weekly News Wire | January 10, 2011

Stanley Black & Decker to Acquire InfoLogix for Expansion to Health Care Market

Share OPEN MINDS Weekly News Wire – Strategic Health Care News On December 16, 2010 Stanley Black & Decker announced plans to expand its reach into the health care market with a definitive agreement to acquire InfoLogix Inc. for $61.2 million. The acquisition is expected to close during the first quarter of 2011. Although best known in the consumer market for its line of tools, Stanley has diversified into health care through Stanley Healthcare Solutions, which focuses on long-term care, acute care, and health care storage needs. InfoLogix sells radio-frequency identification asset tracking systems, medication management systems, and . . .

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