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Stanley Healthcare Solutions Acquires Wi-Fi-based RTLS Company AeroScout
With the acquisition, Stanley plans to add real-time location system functionality to future versions of its patient- and asset-tracking solutions for health-care and industrial environments.
Initially, Davis says, RTLS' value begins with infusion pumps, a type of equipment that hospital nurses historically have found difficult to locate when needed. But the two companies' engineers will also seek out solutions beyond monitoring health-care assets, patients and hospital employees. For example, he says, they may also work on products that could be developed with RTLS capability for industrial environments. He speculates that SHS' and AeroScout's engineers may work with individuals from Stanley's industrial solutions side, in order to develop other product enhancements to include RTLS. "We have a significant presence in the industrial market, and they have the same issues as hospitals," he states, noting that instead of "Where's my pump?" the question may become "Where is that tool?"
Some products may be offered in beta form by the end of this year, with commercial releases expected to occur in early 2013—both in SHS' health-care sector, as well as potentially in other Stanley divisions.
"We still have a lot of work ahead," Davis says. "We have very clear ideas where we want to take this." Details, however—such as how products would be branded—have yet to be decided, he notes.
"We're very happy with the acquisition," says Steffan Haithcox, AeroScout's marketing VP. "We consider it a great milestone," he adds, to combine AeroScout's technology with Stanley's family of products.
"We're clearly going to make a big splash with innovation that we can bring to our customers," Davis says. "We have a tremendous amount of respect for AeroScout."
Davis declines to provide financial details of the sale. At present, he says, there are no plans to change AeroScout's management or offices.
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