Add-on Acquisition • Information Technology

Medical Information Technology Acquires LSS Data Systems

On February 23, 2011, Medical Information Technology acquired information technology company LSS Data Systems

Acquisition Context
  • This is Medical Information Technology’s 1st transaction in the Information Technology sector.
  • This is Medical Information Technology’s 1st transaction in the United States.
  • This is Medical Information Technology’s 1st transaction in Minnesota.

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M&A Deal Summary

Date February 23, 2011
Target LSS Data Systems
Sector Information Technology
Buyer(s) Medical Information Technology
Deal Type Add-on Acquisition

Target Company

LSS Data Systems

Eden Prairie, Minnesota, United States
LSS Data Systems Inc. develops administrative, financial, and clinical software solutions.
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Buyer Overview 1

Buyer

Medical Information Technology

Westwood, Massachusetts, United States

Category Company
Founded 1969
Sector Software
DESCRIPTION

Medical Information Technology, Inc., or MEDITECH, provides integrated software solutions to meet the information needs of health care organizations worldwide.


Deal Context for Buyer #
Overall 1 of 1
Sector: Information Technology 1 of 1
Type: Add-on Acquisition 1 of 1
State: Minnesota 1 of 1
Country: United States 1 of 1
Year: 2011 1 of 1