Siemens' Acquisition Extends Ambulatory Care Line

Jan. 17, 2007 - Siemens Medical Solutions announced that as of January 1, 2007, it has taken control of Gesellschaft für Systemforschung und Dienstleistungen im Gesundheitswesen mbH (GSD), a health information systems (HIS) that Siemens acquired to strengthen its position in the healthcare information technology sector, especially in Germany and other European countries.
As a market leader, GSD is expected to enhance Siemens' global healthcare IT portfolio with its i.s.h.med and Ambulatory Care Management (ACM) product lines, while infusing additional industry expertise into its product and service offerings
for the European market. The combined product portfolio is unique in its regional and functional market coverage. A company with more than 300 customers in 14 countries, GSD generated revenue of EUR25.6 million and employed 168 people in fiscal year 2005 (ended December 31). GSD will be a wholly owned subsidiary of Siemens Medical Solutions as part of the Health Services division.
"To improve quality and efficiency in healthcare, we are putting our faith in optimized IT solutions such as our unique workflow management system, Soarian," said Erich R. Reinhardt, member of the Managing Board of Siemens AG, and resident and CEO of Siemens Medical Solutions. "GSD's enormous expertise in the development and implementation of health information systems presented us with a
convincing case. Accordingly, the future will see us achieve even greater joint success in this area - with innovative products, outstanding service and tailored solutions for our customers."