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| Acquiring Party | Creative Computer Applications, Inc. (AMEX:CAP), a provider of clinical information systems for hospitals, labs, pharmacies and imaging centers. |
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| Transferring Party | StorCOMM, Inc., a privately-held developer of pictoral archive communications systems and clinical image management systems |
| Sector | Data Management/ Healthcare IT |
| Date | August 22, 2005 |
| Analysis As per this stock merger agreement, CCA can offer integrated clinical and diagnostic applications to a wider customer base (more than 700 existing customer sites and a broader new markets). Combined products increase efficiencies and enhance workflows. CCA's revenue is about $7mm and market cap about $9.7mm. | |
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. | |