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  6. First Databank Acquires Polygot Systems

M&A Deal Summary

First Databank Acquires Polygot Systems

On March 16, 2017, First Databank acquired software company Polygot Systems

Acquisition Highlights
  • This is First Databank’s 2nd transaction in the Software sector.
  • This is First Databank’s 3rd transaction in the United States.
  • This is First Databank’s 2nd transaction in North Carolina.

M&A Deal Summary
Date 2017-03-16
Target Polygot Systems
Sector Software
Buyer(s) First Databank
Deal Type Add-on Acquisition

Target

Polygot Systems

Morrisville, North Carolina, United States
Polygot Systems, Inc. is a creator of the Meducation product line of simplified patient medication instructions. Meducation is a cloud-based solution that is accessible to healthcare providers within their clinical workflow through integration within their EMR or pharmacy system. Meducation delivers medication instructions for individuals considered to be “high risk” due to low health literacy, poor vision or language barriers. It enables providers to dynamically create fully personalized medication patient instructions, in any of 21 languages — written at a 5th to 8th grade reading level with large font sizes, pictograms and videos — to make understanding how to take medications intuitive and simple.

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Buyer(S) 1

Buyer

First Databank

San Francisco, California, United States
Category Company
Founded 1977
Sector Software
DESCRIPTION

First Databank, Inc. provider of clinical drug knowledge that helps improve medication-related decisions and patient outcomes.

DEAL STATS #
Overall 3 of 3
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: North Carolina M&A 2 of 2
Country: United States M&A 3 of 3
Year: 2017 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-16 Polyglot Systems

Morrisville, North Carolina, United States

Polyglot Systems, Inc. is a creator of the Meducation® product line of simplified patient medication instructions provides cloud-based solution that is accessible to healthcare providers within their clinical workflow through integration within their EMR or pharmacy system. Meducation delivers medication instructions for individuals considered to be “high risk” due to low health literacy, poor vision or language barriers.

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