BOZEN, SUD-TIROL, Italy, July 27, 2010 /PRNewswire/ — Health
Robotics announced that it has reached final agreements to acquire
all assets from Italy-based
MEDarchiver S.r.l. and Biomedical Technology Consulting S.r.l.,
merging these companies’ employees and operations, re-entering
direct sales activities in the Italian market, and conducting a
re-organization of its Executive Management, expecting to close
these acquisitions over the next few months.
“After Health Robotics’ meteoric growth recently surpassed the
significant milestone of 100 worldwide I.V. Automation contracts,
it dictated the need to consolidate its market gains by acquiring
the assets of these two strategic partner companies that supplied
products and services to Health Robotics’ customers and to the I.V.
Room of the Future Project. These acquisitions enable Health
Robotics to: a) re-establish an IV Room presence in Italy after having temporarily exited
the market in 2008 as a result of the transfer to Loccioni
[CytoCare’s development partner] of most of Italy’s CytoCare operations; b) yield
long-term cost synergies; and c) consolidate the three companies’
intellectual property, customer-facing operations, and scientific
knowledge within the fields of I.V. Automation and Clinical
Workflow Solutions,” stated Werner
Rainer, Health Robotics’ CEO.
MEDarchiver has built an outstanding reputation over the past
decade for excellence in developing and implementing “All-Digital”
life-critical software automation solutions for healthcare
providers with exceptional innovation, ease-of-deployment, and
R.O.I. results. Amongst others, assets include Cardio Web, the
world’s first and only nationwide Cardiology digital
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