News | January 04, 2013

Lexmark Acquires Acuo Technologies

Acuo adds vendor-neutral archive software segment

Jan. 2, 2013 -- Lexmark International, Inc. (NYSE: LXK) today announced the acquisition of Acuo Technologies, LLC, a recognized leader in high performance software and services for clinical content management, data migration and vendor neutral archives (VNA), for a cash purchase price of approximately $45 million. Acuo Technologies will become a part of Perceptive Software, a Lexmark company.

Acuo Technologies, when combined with Lexmark's Perceptive Software healthcare software solutions, will enable customers to deploy a single, enterprise-wide access platform for clinical content via any electronic medical record (EMR) system. 

Acuo Technologies' Universal Clinical Platform (UCP) is a vendor-neutral foundation that drives better care delivery through a patient-centric approach by consolidating medical images. Its offerings include a single integration point for all medical imaging assets, lowering costs and risks through the UCP's ability to work with different systems – enabling flexibility and efficiency across users and departments.

Many national governments, university medical centers, and urban and regional acute care centers and companies use Acuo Technologies' software and services, primarily in North America and Europe. 

Together, Perceptive Software and Acuo Technologies will offer a unique set of technologies to the healthcare sector—enterprise content management (ECM), VNA with clinical content viewing, and database conversion—that combine to manage the entire range of content within the healthcare enterprise. With this acquisition, Perceptive Software becomes the only vendor to own this technology in order to provide this powerful healthcare solution, driving better patient care, an enhanced clinician experience and cost savings through a single, enterprise-wide and content-based medical record that is accessible via any EMR system.

Lexmark retains a strong liquidity position with a long history of cash generation. This acquisition illustrates Lexmark's consistent execution of the company's stated capital allocation framework. Lexmark's capital allocation framework is to pursue acquisitions that support growth and increase software and solutions capabilities, while returning more than 50 percent of free cash flow to shareholders, on average, through quarterly dividends and share repurchases. Since mid-2011, Lexmark has returned to shareholders more than $500 million in the form of dividends and share repurchases.

For more information: www.acuotech.com, www.lexmark.com



Related Content

Latest FlashBlade enhancements let workflows take center stage, help enterprises realize the potential of modern, real-time analytics
News | Information Technology | May 12, 2020
May 12, 2020 — Pure Storage announced the availability of...
These solutions, the Lung Density Analysis II (LDA-II) workflow for Intuition and the Emergency Lung AI Suite, provide two deployment options for rapid access to lung segmentation and quantification tools that can be applied to a wide range of lung illnesses and have been optimized to adapt to the latest disease presentation states
News | Artificial Intelligence | May 07, 2020
May 7, 2020 — As COVID-19 makes its way across t
Coviant Software, a provider of managed file transfer software that provides an easy way to automate, secure, manage, and audit file transfers while maintaining the highest levels of security and compliance, has extended its Diplomat MFT product to support the Google Cloud Healthcare API. 
News | Information Technology | May 04, 2020
May 4, 2020 — Coviant Software, a provider of managed file transfer software that provides an easy way to automate, s
Konica Minolta Business Solutions, U.S.A., Inc. (Konica Minolta) announced its status as a Google Cloud Premier Partner.
News | Archive Cloud Storage | January 14, 2020
January 14, 2020 — ...
Intelerad Expands Cloud-based Managed Services Offering Worldwide
News | PACS | October 23, 2019
Intelerad Medical Systems announced the worldwide expansion of its Nuage Cloud Managed Services offering. Medical...
Intelerad's nuage Patient Portal

Intelerad's nuage Patient Portal. Image courtesy of Intelerad.

News | Enterprise Imaging | October 17, 2019
Intelerad Medical Systems announced that OneWelbeck, a London...
Heath information technology diagram showing use of cloud storage.
Feature | Archive Cloud Storage | September 04, 2019 | Tyna Callahan
In healthcare, critical systems are being used to deliver vital information and services 24x7x365.