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LaserBand

From Wikipedia, the free encyclopedia
LaserBand
Company typeLimited Liability Company
IndustryHealthcare
FoundedSt. Louis, Missouri
HeadquartersSt. Louis, Missouri
United States
Area served
Worldwide
ProductsPatient identification, emergency response tags
WebsiteLaserBand

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

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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:

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

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

Acquisition

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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

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  1. ^ a b Barr, Diana (July 13, 2012). "LaserBand sold to Zebra Technologies". www.bizjournals.com.
  2. ^ "Zebra Improving Healthcare by Acquiring LaserBand | Uncategorized". Archived from the original on 2014-09-23. 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. Archived from the original on 2015-09-16. Retrieved 2017-03-08. {{cite web}}: Cite uses generic title (help)
  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". Archived from the original on 2016-03-03. Retrieved 2014-09-23.
  8. ^ a b "Zebra Technologies Corporation - SEC Filing". Archived from the original on 2015-12-22. 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.