Lexmark acquires Acuo Technologies

Acquisition worth about $45 million

Lexmark International has acquired software and services for clinical content management, data migration and vendor neutral archives (VNA) provider, Acuo Technologies, for about $45 million in cash.

Acuo Technologies will become a part of Perceptive Software, a Lexmark company.

According to Lexmark, the acquisition will enable Acuo Technologies, when combined with Lexmark's Perceptive Software healthcare software solutions, deploy a single, enterprise-wide access platform for clinical content via any electronic medical record (EMR) system.

It added the companies will offer a unique set of technologies to the health care sector—enterprise content management (ECM), VNA with clinical content viewing, and database conversion—that combine to manage the entire range of content within the health care enterprise.

"Physicians will have immediate access to all patient information from directly within the EMR, regardless of the department in which it was conducted or the technology used to create and store it,” Perceptive Software president and CEO and Lexmark vice-president, Scott Coons, said.

"This data is then presented in the context of the patient, so when the physician pulls up a patient record in the EMR, all clinical content living outside that record is presented," he mentioned.

Lexmark chairman and CEO, Paul Rooke, said the four acquisitions it has completed in 2012 further strengthen and differentiate its health care offerings as the health care IT market continues to expand at a rapid pace.

He added that Lexmark's capital allocation framework is to pursue acquisitions that support growth and increase software and solutions capabilities, while returning more than 50 per cent of free cash flow to shareholders, on average, through quarterly dividends and share repurchases.

Since mid-2011, Lexmark has returned to shareholders more than $500 million in the form of dividends and share repurchases.

FILL IN THE SURVEY - AND YOU COULD BE A WINNER: ARN wants to hear from YOU. Tell us how you run a successful business and you could win an adrenaline-fuelled adventure of your choice. COMPLETE THE ARN SURVEY.

Tags software and servicesdataLexmarkHealthcareacuo technologiesaquisition

More about LexmarkScott Corporation

ARN Directory | Distributors relevant to this article

Comments

Comments are now closed

 
Computerworld
CIO
Techworld
CMO

Latest News

02:20AM
China orders Microsoft to explain Windows, Office practices within 20 days
04:34PM
Is drawing next for Livescribe?
04:17PM
Bill shock measures extended to all telcos
02:52PM
Australians are aware, educated about Big Data: MapR
More News
08 Sep
ITIL Foundation (incl. Exam)
10 Sep
CPX 2014
10 Sep
IT Leaders Lunch
16 Sep
Ingram Micro SMB Favourites Roadshow
View all events