Lexington, KY - Lexmark has acquired PACSGEAR, a provider of connectivity solutions for healthcare providers to capture, manage and share medical images and related documents and integrate them with existing picture archiving and communication systems (PACS) and electronic medical records (EMR) systems. Lexmark paid a cash purchase price of approximately $54 million.
PACSGEAR will report to Lexmark subsidiary Perceptive Software. With this acquisition, Perceptive will be able to offer a system to share healthcare related images across operating systems that will be able to work in different health related facilities.
The Pleasanton, California-based company does business in more than 50 countries and approximately half of all U.S.-based hospitals. Well-known customers include: Kaiser Permanente, Henry Ford Health System, Hospital Corporation of America (HCA), Mount Sinai Hospital, Stanford Hospital & Clinics and The University of Chicago Medical Center.
In August, Lexmark acquired Germany-based software developer Saperion for a cash purchase price of approximately $72 million. There were also March acquisitions of San Francisco-based Twistage and Seattle-based AccessVia, for a combined investment of approximately $31.5 million and in January Lexmark purchased Acuo Technologies, LLC, a Minneapolis-based company that specializes in streamlining health-care imaging onto one system, for approximately $45 million in cash. Each of these newly purchased businesses -with the exception AccessVia - are a part of Perceptive Software.