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STANLEY BLACK & DECKER BUYS AEROSCOUT FOR $200M

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Wednesday, July 11th, 2012

Stanley Black & Decker division of Stanley Healthcare Solutions has acquired Israel’s AeroScout Inc., a developer of real-time location systems for the healthcare and industrial market. Stanley intends to use the 200 employees of AeroScout to establish an R&D center in Israel built around the existing AeroScout framework.  Stanley is headquartered in New Britain, Connecticut, USA.