LifeSync buys medical business from Motorola

AP News
Posted: Dec 22, 2009 4:49 PM

LifeSync Holdings Inc. said Tuesday that it has purchased a number of medical patents from Motorola Inc.

LifeSync, which is based in Fort Lauderdale, Fla., manufacturers and distributes a wireless device to monitor patient safety and hospital productivity. The company said it has purchased the Besson Patent Portfolio and other patents that allow wireless monitoring of patients from Motorola.

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The terms of the deal were not disclosed.

Shares of Motorola fell 29 cents to close at $8.10 Tuesday.