Yes, to do this properly you will need the following. ...
1. 3700 or 3800 with the Hyperlocation module as well as antenna. these are 2 different part #s last time I built out a bom for this type of solution.
2. WLC
3. CMX -- pay close attention the licenses you purchase or do not purchase.
http://www.cisco.com/c/en/us/solutions/collateral/enterprise-networks/connected-mobile-experiences/guide-c07-734430.html
I would highly recommend performing an on site wireless survey as well. I believe surveys are important for any wireless deployment but even more so in a Hyperlocation based design.
William Kuczmera
wkuczmera@optiodata.com