Add-on Acquisition • Software

Vocera Acquires PatientSafe Solutions

On April 29, 2021, Vocera acquired software company PatientSafe Solutions

Acquisition Context
  • This is Vocera’s 2nd transaction in the Software sector.
  • This is Vocera’s 5th transaction in the United States.
  • This is Vocera’s 2nd transaction in California.

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M&A Deal Summary

Date April 29, 2021
Target PatientSafe Solutions
Sector Software
Buyer(s) Vocera
Deal Type Add-on Acquisition
Advisor(s) Cain Brothers & Co. (Financial)

Target Company

PatientSafe Solutions

San Diego, California, United States
PatientSafe Solutions consolidates secure messages, voice calls, alerts, and nurse call notifications with data from the electronic medical record (EMR) to enable care teams to quickly manage mission-critical workflows in one mobile smartphone app. PatientSafe Solutions is based in San Diego, California.
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Buyer Overview 1

Buyer

Vocera

San Jose, California, United States

Category Company
Founded 2000
Sector Technology Hardware
Employees688
Revenue 198M USD (2020)
DESCRIPTION

Vocera is a provider of voice wireless communications equipment to the healthcare industry. Vocera solutions to enable their workforce to communicate and collaborate with co-workers and engage with patients and families. Mobile workers can choose the right device for their role or task, including smartphones or one of the company’s wearable communication devices, and use voice commands to easily reach people by name, role, or group. Vocera was founded in 2000 and is based in San Jose, California.


Deal Context for Buyer #
Overall 6 of 6
Sector: Software 2 of 2
Type: Add-on Acquisition 6 of 6
State: California 2 of 2
Country: United States 5 of 5
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-19 EASE Applications

Orlando, Florida, United States

EASE Applications LLC provides a cloud-based communication platform and mobile application built to improve the patient experience by enabling friends and family members to receive timely updates about the progress of their loved one in the hospital. EASE Applications was established in 2013 and is based in Orlando, Florida.

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