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Tuesday, May. 22, 2012

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3M buying maker of people tracking devices

News Link • Police State

3M buying maker of people tracking devices

08-31-2010 • AP

Manufacturing conglomerate 3M Co. said Tuesday it has agreed to pay $230 million in cash for an Israeli company that makes technology used to keep track of people.

Attenti Holdings SA, makes systems that use global positioning system and radio frequency technology to track, for example, the movements of people awaiting trial or are on probation and those of patients in senior care centers.

Read Full Story

Reported by Powell Gammill

•

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Tags: manufacturing, conglomerate, agreed, million, israeli, company, technology, people, systems, global, positioning, system, frequency, technology, movemen

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