M&A Deal Summary

Cerner Acquires LABOTIX Automation

On March 18, 2013, Cerner acquired technology hardware company LABOTIX Automation

Acquisition Highlights
  • This is Cerner’s 1st transaction in the Technology Hardware sector.
  • This is Cerner’s 1st transaction in Canada.
  • This is Cerner’s 1st transaction in Ontario.

M&A Deal Summary

Date 2013-03-18
Target LABOTIX Automation
Sector Technology Hardware
Buyer(s) Cerner
Deal Type Add-on Acquisition

Target

LABOTIX Automation

Peterborough, Ontario, Canada
LABOTIX Automation, Inc.,exists for the purpose of enhancing the economic performance of health care delivery systems by providing automation technology designed to improve the process and operations of the clinical laboratory.

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Buyer(S) 1

Buyer

Cerner

North Kansas City, Missouri, United States

Category Company
Founded 1979
Sector Information Technology
Employees26,400
Revenue 5.5B USD (2020)
DESCRIPTION
Entrance to Cerner's corporate campus in North Kansas City, Missouri.
Entrance to Cerner's corporate campus in North Kansas City, Missouri.

Cerner is a supplier of healthcare information technology services. The Company offers a range of intelligent solutions and services that support the clinical, financial and operational needs of organizations. Cerner was formed in 1979 and is based in North Kansas City, Missouri.


DEAL STATS #
Overall 11 of 14
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 9 of 11
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2013) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-25 PureWellness

South Burlington, Vermont, United States

PureWellness, Inc. a health and wellness company which develops solutions to enable population health, individual engagement and measurable lifestyle improvements.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-05 Siemens Medical Solutions USA

United States

Siemens Medical Solutions USA, Inc. (dba Siemens Health Services) is a provider of healthcare services.

Buy $1.3B