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Lexmark Buys Healthcare Software Provider PACSGEAR for $54M; Paul Rooke Comments

LexmarkLogoLexmark International (NYSE: LXK) has acquired healthcare connectivity software provider PACSGEAR for nearly $54 million as Lexmark aims to help healthcare customers manage large volumes of data.

Lexmark’s Perceptive Software subsidiary will consolidate PACSGEAR into its platform that is designed to capture, manage and share patient imaging data through electronic medical records systems, Lexmark said Thursday.

Paul Rooke, Lexmark chairman and CEO, said the company aims for the acquisition to help healthcare organizations process digital contents and share data with applications and personnel.

PACSGEAR’s technology works to capture and integrate files and images from picture archiving and communication systems or EMR departments for healthcare personnel to analyze clinical results.

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