Posts Tagged ‘WinWare’

Stanley Black & Decker acquires CribMaster parent WinWare

Friday, August 5th, 2011

In a very quiet transaction, Stanley Black & Decker acquired WinWare, the creator of the RFID-enabled CribMaster tool management system, with very little fanfare  in May. No purchase price was disclosed.

In our coverage of the ThingMagic acquisition last October, RFID 24-7 predicted that CribMaster would be one of the next firms to be purchased. While no terms were announced, those with knowledge of the company said it had sales of about $25 million, $10 million of which were related to RFID.

In a letter dated May 23, CribMaster president Larry Harper announced the transaction to WinWare’s customer base. The first paragraph of that letter reads as follows:

Today is an exciting day to be a CribMaster user, because today we are becoming part of the world’s biggest and best tools company — Stanley Black & Decker. That means in the near future you will be able to use your CribMaster solutions with a powerful new complement of Stanley Black & Decker brands, such as DeWalt, Mac Tools, Proto Tools, Vidmar Cabinets, and much more.

 

Stay tuned for more details on this deal and what it means to Stanley Black & Decker.