Lawson Buying VC-Backed Healthvision for $160 Million
Lawson Software (Nasdaq: LWSN) has agreed to acquire Healthvision Solutions Inc., a Dallas-based provider of integration and application technology to hospitals and large healthcare organizations. The deal is valued at $160 million in cash, and is expected to close later this quarter. Battery Ventures took a company called Quovadx private in 2007 for $136.7 million, and split most of it into two companies: Healthvision and Rogue Wave Software (which Battery still holds as a portfolio company). No word on how much of the $136.7 million was considered Healthvision cost basis. You can watch a video about the deal here.
7 January 2010•5 mins read
