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Dynamic Healthcare M&A Database - 3Q05



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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.
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.




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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.