M&A Deal Summary

Alere Acquires Wellogic ME FZ-

On January 1, 2011, Alere acquired internet software and services company Wellogic ME FZ-

Acquisition Highlights
  • This is Alere’s 1st transaction in the Internet Software and Services sector.
  • This is Alere’s 1st transaction in United Arab Emirates.

M&A Deal Summary

Date 2011-01-01
Target Wellogic ME FZ-
Sector Internet Software and Services
Buyer(s) Alere
Deal Type Add-on Acquisition

Target

Wellogic ME FZ-

Dubai, United Arab Emirates
Wellogic ME FZ- LLC is a provider of cloud based health information exchange (HIE), EHR certified for Meaningful Use and care coordination solutions.

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Buyer(S) 1

Buyer

Alere

Waltham, Massachusetts, United States

Category Company
Founded 1981
Sector Healthcare Services
Employees9,800
Revenue 2.6B USD (2014)
DESCRIPTION

Alere delivers reliable and actionable information through rapid diagnostic tests, resulting in better clinical and economic healthcare outcomes globally. Alere was founded in 1981 and is based in Waltham, Massachusetts.


DEAL STATS #
Overall 17 of 24
Sector: Internet Software and Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 16 of 23
Country: United Arab Emirates M&A 1 of 1
Year: 2011 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-01-19 Nutritional Business/Inverness Medical Innovations/

Waltham, Massachusetts, United States

nutritional supplements business.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-30 Arriva Medical

Coral Springs, Florida, United States

Arriva Medical, based in Coral Springs, Florida, was formed in April 2009 by industry veterans David Wallace and Tim Stocksdale. The company is a national, mail-order distributor of diabetic testing supplies and related medical products, which are used by people with diabetes to self-monitor their blood glucose levels.

Buy -