3M Attenti fires 40
The electronic handcuffs maker previously fired 10 employees, after losing several large contracts.
3M Attenti, based on Ramat Hahayal in Tel Aviv, develops electronic control and monitoring equipment, including electronic handcuffs. The company lost several large contracts in recent months.
In late 2008, Dmatek was acquired by a group of investors for £52.9 million ($77.6 million) in cash, and was sold to 3M for $230 million two years later. It was one of the first Israeli companies to list on the London’s Alternative Investment Market (AIM) before switching to the London Stock Exchange's main market.
Published by Globes [online], Israel business news - www.globes-online.com - on January 20, 2013
© Copyright of Globes Publisher Itonut (1983) Ltd. 2013
- Tel Aviv market report
- Tel Aviv Stock Exchange
- Israeli stocks in NY
- Arbitrage gaps for dual-listed stocks
- Israeli stocks in Europe
- Israeli stocks on other markets
- Tel Aviv 25 options
- Mutual funds
- Current representative shekel rates
- Historical representative shekel rates
- Bank shekel rates
- Shekel/dollar options