Lawson Software has announced that it has completed its acquisition of Healthvision Solutions, Inc., through the acquisition of privately held Quovadx Holdings, Inc., Healthvision's parent holding company.
catalog printingHealthvision is a Dallas-based company providing integration and application technology and related services to hospitals and healthcare organizations and was a portfolio company of Battery Ventures. The all-cash transaction of $160 million closed on January 11.
Headquartered in Dallas, Healthvision began in 1989 and today has nearly 300 employees located in the United States, Canada, the United Kingdom and China. Lawson said that it Cloverleaf product is a recognized leader and used by 33 percent of North American hospitals and 40 percent of large integrated delivery networks. Healthvision has 800 customers, including 200 joint customers with Lawson, and its products are used in more than 3,000 healthcare facilities around the world.
Lawson Software provides software and service solutions to 4,500 customers in equipment service management & rental, fashion, food, brochure printing general manufacturing & distribution, healthcare, public sector (United States), general service industries, and strategic human capital management across 40 countries.
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