Chennai, July 18 (IBNS) Zebra Technologies Corporation (NASDAQ: ZBRA), a global leader in barcode and label printing solutions, on Wednesday announced that it has acquired LaserBand LLC, a leading provider of patient identification wristbands and related products.
This acquisition strengthens Zebra's leadership position in serving the healthcare industry, said the company.
For 2011, LaserBand had sales of $24 million.
The transaction is expected to be immediately accretive to Zebra's earnings. Terms of the transaction were not disclosed.