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

Visage Signs Mercy for Visage 7 Open Archive
News | Enterprise Imaging | August 09, 2018
Visage Imaging Inc. announced that it has signed a seven-year contract with Mercy, the fifth largest Catholic health...
Children's Hospital Colorado to Manage Medical Images Via the Cloud With Nucleus.io Platform
News | Remote Viewing Systems | July 30, 2018
NucleusHealth and Children’s Hospital Colorado’s (Children’s Colorado) Center for Innovation have formed a strategic...
Developing a “cloud-first” strategy has helped with efficiency and cost savings
Feature | Archive Cloud Storage | July 05, 2018 | By Greg Freiherr
The need to protect patient images and other clinical data from disasters is increasing, just as doing so is getting...
Carestream Exceeds 26 Billion Images Managed in Vue Cloud Platform
News | Archive Cloud Storage | March 09, 2018
Carestream Health’s Vue Cloud, a healthcare imaging cloud service based on the Carestream Clinical Collaboration...
Logicalis White Paper Aims to Optimize Every Healthcare IT Dollar
News | Information Technology | February 20, 2018
February 20, 2018 – Digital transformation is happening in all industries, and it will happen in healthcare whether h
AI Visualize Inc. Debuts Artificial Intelligence Cloud Image Visualization Platform at RSNA 2017
Technology | Remote Viewing Systems | December 13, 2017
AI Visualize Inc. debuted its new cloud-based artificial intelligence (A.I.) -based image analysis and viewing platform...
Ambra Health Rolls Out New Features for Medical Image Exchange Platform
News | Vendor Neutral Archive (VNA) | November 20, 2017
Ambra Health announced that Atrius Health and Envision Radiology are among the latest leading providers to adopt Ambra...
Intelerad Unveils Imaging Infrastructure-as-a-Service Platform
Technology | PACS Accessories | November 07, 2017
November 7, 2017 — Intelerad Medical Systems recently announced the expansion of its cloud-based solution suite.
News | Enterprise Imaging | November 03, 2017
November 3, 2017 — Mach7 Technologies invites attendees at the 2017 Radiological Society of North America (RSNA) annu
Frost & Sullivan Research Highlights Benefits of Intelerad's CosmosOne
News | Vendor Neutral Archive (VNA) | October 23, 2017
October 23, 2017 — Intelerad Medical Systems has been highlighted for its innovative approach to...
Overlay Init