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Interesting sale ...

Posted Nov 10 2008 4:19pm

Interesting sale Stanley Works (Stanley Tools)... for part of the RFID business to track newborns, patients in the hospital, and medical equipment...I still think of Stanley Tools as hammers and wrenches...the human chip side of the business is still unknown as far as being sold as this article unless more folks elect to be "chipped" I guess the future is unknown...hospitals do need a chip reader to read medical chips that are implanted...BD  image

Radio frequency identification technology vendor VeriChip Corp. is selling one part of the company and may eventually sell all of it.

The Delray Beach, Fla.-based vendor will sell its Xmark Corp. subsidiary for $45 million to The Stanley Works, a New Britain, Conn.-based manufacturer of tools and security products. Xmark sells RFID technology to tag and track newborns and persons prone to wandering and to track medical equipment.

VeriChip Looking to Sell

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