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| Acquiring Party | 3M Health Information Systems, a provider of advanced healthcare information software products. |
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| Transferring Party | SoftMED Systems, a provider of health information management and workflow software. |
| Sector | Data Management/ Healthcare IT |
| Date | December 14, 2006 |
| Analysis Brings to 3M solutions that enable hospitals to create an electronic medical record using templates, voice dictation, speech recognition, electronic signature, document scanning and interfaces to other vendor products. Expands 3M's' business from its core of advanced reimbursement, compliance, and quality management software tools. SoftMed has over 2,000 customers and employs 360 people. Terms not disclosed. | |
The Walden Group is a leading healthcare investment banking firm specializing in mergers, acquisitions and strategic transactions. It also invests its own funds and, together with its expert operational partners, provides value-added services to help special companies reach critical milestones. This information is copyright © 2004-2007 The Walden Group, Inc. This information is provided as a service to the public but remains the intellectual property of The Walden Group, Inc and may not be reproduced in any manner without the written permission of The Walden Group, Inc. The information contained in the transactions table was derived from publicly available and other sources. Transaction analysis and other information are based, in part, upon public comments, Walden Group research and judgments, and reporting and research of others. The information is not intended to be relied upon as pronouncements by the transaction participants or for any other reason. | |