May 5, 2020 — Agfa HealthCare announces the successful sale of part of its IT business to the Dedalus Group at an enterprise value of 975 million euro. The part that has been sold consists of the healthcare information solutions (electronic health record, the ORBIS platform) and the integrated care activities in Germany, Austria, Switzerland, France and Brazil as well as specific Imaging IT activities in these geographies.
The completion of the deal enables Agfa HealthCare to focus 100% on its core global Imaging IT software business, flagship solutions and customers. Agfa Imaging IT continues to be a key part and division of the Agfa-Gevaert Group, headquartered in Mortsel, Belgium and traded on Euronext Brussels (AGFB). “The sale of this business is a major step in our transformation process. The proceeds of the sale will help us to secure the future of our Group and to further implement the strategies we have developed for our various activities. Going forward, Agfa HealthCare will focus on its core Imaging IT software business. Based on our flagship Enterprise Imaging platform and the IMPAX® solutions, we will continue to deliver superior value to our Imaging IT customers,” said Pascal Juéry, president and CEO of the Agfa-Gevaert Group.
This transaction represents an exciting new phase in the evolution of Agfa HealthCare. “Agfa HealthCare has established itself as a leader in Enterprise Imaging, with the most advanced platform in the market. We are fully confident in our Enterprise Imaging platform strategy. The sale will allow us to focus our expertise and resources 100% on the value-improvement of our Enterprise Imaging offering, and on developing our role as the partner of choice for customers in all our markets,” said Luc Thijs, president of Agfa HealthCare.
Offering a proven combination of technical innovation, clinical depth and strategic guidance, Agfa HealthCare will continue to support customers’ clinical, operational and business strategies, enabling the creation of a health IT ecosystem for efficient care delivery. By helping healthcare providers manage resource allocation and productivity, our solutions play a key role in accelerating precision health and clinical confidence with patient-centric contextual intelligence.
At the center of Agfa HealthCare’s Imaging IT activities is the Enterprise Imaging platform. “Agfa HealthCare will continuously deepen its robust, scalable, and unified technology to empower clients with multispecialty, location-agnostic imaging data management solutions”, said Arto Ryymin, chief operations officer of Agfa HealthCare. Enterprise Imaging continues to expand to meet healthcare’s goals and challenges. The powerful rules-based workflow engine helps optimize tasks and improve productivity, with rapidly deployed remote reading, secure communication and real-time collaboration, and standards-based integration of best of breed AI.
For more information: www.agfahealthcare.com