Content about Hatboro

December 16, 2010

New Britain, Conn.-based Stanley Black & Decker announced it has entered into a deal to acquire Hatboro, Pa.-based Infologix, a provider of enterprise mobility solutions for the healthcare and commercial industries.

According to Stanley, the total transaction value is approximately $61.2 million, including the assumption of debt, of which approximately $22.1 million is currently outstanding and a portion of which is convertible into shares of common stock of InfoLogix.