3M Captures Attenti For $230 Million

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By Alexia Tsotsis, TechCrunch

“Tel Aviv-based Attenti announced today its acquisition by 3M, most notably the makers of Post-Its, to the tune of $230 million in cash. Formerly Dmatek, Attenti is the world’s leading supplier of remote people-tracking technologies such as ankle bracelets, voice recognition devices and alcohol monitoring technologies.

The purchase, which will benefit 3M by providing the company with GPS and radio frequency technology, is the second in a line of security-related acquisitions this week; 3M bought fingerprint ID company Cogent Systems Inc. yesterday for $943 million.”

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