Agfa closes GWI acquisition

AuntMinnie.com staff writers
Jan 13, 2005

Agfa HealthCare has completed its acquisition of German healthcare informatics developer GWI, following regulatory approval from German and Austrian antitrust authorities.

GWI, headquartered in Bonn, Germany, develops and markets administrative and clinical IT solutions for hospitals through its Orbis product suite. The company's customer base comprises more than 2,000 medical sites in Germany, Austria, Switzerland, and France, according to Agfa.

The transaction price consists of an up-front payment of 256.5 million euros ($350.8 million U.S.) to be settled at closing. In addition, an earn-out of up to 95 million euros ($125.5 million) will be paid if specific commercial milestones are achieved, which is expected to occur at the latest in 2008, Agfa said.

By AuntMinnie.com staff writers
January 14, 2005

Related Reading

Agfa teams with AccessPt, January 5, 2005

Agfa acquires GWI, November 23, 2004

New RIS for Agfa, November 22, 2004

Agfa HealthCare posts Q3 dip, November 18, 2004

Road to RSNA, Agfa HealthCare, November 17, 2004

Copyright © 2005 AuntMinnie.com

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