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.
Subscribe to NoCamels weekly newsletter and get our top stories
Related posts
Israeli Startup Rings Closing Bell At Nasdaq in NYC
March 28, 2024
Israeli, US Companies Unite To Make More Milk From Mushrooms
March 27, 2024
Facebook comments