M&A Deal Summary

LAP Laser Applikationen Acquires LifeLine Software

On January 11, 2019, LAP Laser Applikationen acquired software company LifeLine Software

Acquisition Highlights
  • This is LAP Laser Applikationen’s 1st transaction in the Software sector.
  • This is LAP Laser Applikationen’s 1st transaction in the United States.
  • This is LAP Laser Applikationen’s 1st transaction in Texas.

M&A Deal Summary

Date 2019-01-11
Target LifeLine Software
Sector Software
Buyer(s) LAP Laser Applikationen
Deal Type Add-on Acquisition

Target

LifeLine Software

Austin, Texas, United States
LifeLine Software, Inc. is a software company specializing in the development and distribution of fully automated and independent dosimetric validation software for radiation treatment planning systems in the medical industry. LifeLine Software, Inc. was founded in 1998 and is based in Austin, Texas.

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Buyer(S) 1

Buyer

LAP Laser Applikationen

Luneburg, Germany

Category Company
Founded 1984
Sector Medical Products
Employees350
DESCRIPTION

LAP GmbH Laser Applikationen is a provider of laser positioning systems as well as quality assurance (“QA”) software and hardware used during radiotherapy treatments. LAP supplies 15,000 units to customers in industries as diverse as radiation therapy, steel production, and composite processing. LAP GmbH Laser Applikationen was founded in 1984 and is based in Lüneburg, Germany.


DEAL STATS #
Overall 1 of 1
Sector: Software M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2019 M&A 1 of 1