Dell To Buy Medical Technology Services Company InSite One By Ian Sherr

December 22nd, 2010 by deepak Leave a reply »

Dell Inc. (DELL) said Wednesday it will purchase privately held medical data technology company InSite One Inc., an acquisition that will help the computer maker’s growing services business.

InSite One, Wallingford, Conn., helps healthcare organizations store data. The company’s technology has been used to manage clinical studies, medical images and patient records in the cloud.
Terms of the deal were not released.

The acquisition comes as Round Rock, Texas, Dell builds its services arm, which specializes in healthcare information technology. Dell owns Perot Systems, a leader in healthcare tech services.
InSite One’s 50 employees will become a part of Dell’s medical services unit.
Dell shares were trading flat at $13.84 on Wednesday.

Dell’s emphasis on services is part of a broader effort to boost sales of its hardware. For example, Dell wants its healthcare services clients to consider buying the company’s tablet and advanced handset devices, such as its 5-inch “Streak” smartphone.

Source:-http://www.foxbusiness.com/markets/2010/12/22/dell-buy-medical-technology-services-company-insite/

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