3M Acquires People Tracking Provider Attenti Holdings for $230 Million

3M entered into a definitive agreement to acquire Attenti Holdings from an investor group led by Francisco Partners, for a purchase price of US$230 million in cash. Based in Tel Aviv, Israel, Attenti is a supplier of remote people monitoring technologies used for a variety of offender monitoring applications, such as people awaiting trial or on probation; and to assist elder care facilities in monitoring and enhancing the safety of patients.  read more