Apax Israel Acquires 3M’s Electronic Monitoring For $200M
October 11, 2017 | Investment firm Apax Israel has completed the acquisition of 3M’s electronic monitoring business for $200 million. Based largely in Israel, the business’s electronic monitoring technologies are used by law enforcement agencies in at least 34 countries with annual sales at about $95 million. The business will be renamed Attenti, the name of the Israeli company which was acquired by 3M for $230 million in 2010. Originally called Dmatek, Attenti offers a range of Global Positioning Systems (GPS), Radio Frequency (RF), alcohol verification monitoring, and tracking solutions, through an integrated software monitoring platform.