McKesson acquires Medcon

AuntMinnie.com staff writers
Jun 19, 2005

Healthcare services and information technology giant McKesson Corporation has announced its acquisition of Medcon, a provider of Web-based cardiology image and information management.

All personnel associated with sales, installation, development, and support for Medcon products will become part of McKesson Provider Technologies.

San Francisco-based McKesson will pay $105 million or $3.05 per share for stock in the publicly held, Israel-based company. Medcon reported sales of around $17 million for the 12 months ending December 31, 2004.

Medcon's flagship product is TCS Symphony. In the U.S., the company has operated as Medcon Telemedicine Technology from its Whippany, NJ headquarters.

By AuntMinnie.com staff writers
June 20, 2005

Related Reading

Medcon signs SoCal deal, June 8, 2005

McKesson signs Premier, March 25, 2005

McKesson showcases Horizon Radiology updates, February 17, 2005

McKesson gets workstation 510(k), February 11, 2005

Medcon gets California installation, November 4, 2004

Copyright © 2005 AuntMinnie.com

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