Roper Technologies acquired Data Innovations, a transaction completed in March 2015, structured as Acquisition of 100% of the shares.
Data Innovations operates in Medical & Scientific Imaging, is based in United States. Data Innovations develops clinical and blood-laboratory middleware that connects laboratory instruments, information systems, and analyzers across hospital and independent labs. Its platform standardizes data exchange, automates workflows, and applies quality-control rules to results moving between diagnostic devices and lab information systems. Roper acquired all of the company's shares and reported it within its medical software operations.
Expands Roper's Medical & Scientific Imaging platform with mission-critical laboratory middleware, adding a high-retention software business embedded in hospital and reference-lab diagnostic workflows.
Advisory firms were not disclosed for this transaction.