M&A Deal Summary

IDX Systems Acquires RealTimeImage

On April 28, 2005, IDX Systems acquired information technology company RealTimeImage for 16M USD

Acquisition Highlights
  • This is IDX Systems’ 2nd transaction in the Information Technology sector.
  • This is IDX Systems’ 2nd largest (disclosed) transaction.
  • This is IDX Systems’ 1st transaction in Israel.

M&A Deal Summary

Date 2005-04-28
Target RealTimeImage
Sector Information Technology
Buyer(s) IDX Systems
Deal Type Add-on Acquisition
Deal Value 16M USD

Target

RealTimeImage

Tel Aviv, Israel
RealTimeImage, Ltd. (RTI) is a developer of a full range of Web-based medical specialty imaging solutions with offices in Tel Aviv, Israel and San Bruno, California.

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Buyer(S) 1

Buyer

IDX Systems

Burlington, Vermont, United States

Category Company
Founded 1969
Sector Information Technology
Employees2,409
DESCRIPTION

IDX Systems Corp. provides information technology solutions to maximize value in the delivery of healthcare, improve the quality of patient service, enhance medical outcomes, and reduce the costs of care. Our systems are deployed to serve approximately 150,000 physicians and are installed at over 3,400 customer sites, including more than 850 group practices and approximately 370 integrated delivery networks servicing more than 500 hospitals.


DEAL STATS #
Overall 2 of 2
Sector: Information Technology M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Israel M&A 1 of 1
Year: 2005 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-07-03 Spheris

Franklin, Tennessee, United States

Spheris, Inc. is a provider of outsource medical transcription services to acute-care hospitals and group medical practices.

Sell -