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Microsoft Corp, seeking to expand in the medical sector, has agreed to acquire the assets of a privately held, Thailand-based health information system company, the software giant announced yesterday.
Global Care Solutions (GCS) specialises in creating software modules for hospitals' clinical and administrative operations, allowing them to run more smoothly. Financial terms were not disclosed.
The Bangkok-based company, whose core product was first marketed in 2000, has implemented its systems in seven client hospitals in the Asia-Pacific region. They are based on already existing Microsoft software products.
'We are really amazed at the quality of care that can be delivered with Global Care Solutions' health information system,' said Peter Neupert, corporate vice-president for the Health Solutions Group at Microsoft, into which GCS employees will be incorporated.
Mr Neupert said that the deal, under which Microsoft will acquire software, intellectual property and other assets of GCS, would allow the technology to be marketed worldwide.
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Wednesday, October 31, 2007
Microsoft acquires Thai medical software firm
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