Advertisement
YOU ARE HERE: LAT HomeCollections

VENTURA COUNTY BUSINESS | VENTURA COUNTY DIGEST

E-MedSoft to Acquire Illumea for Common Stock

May 02, 2000|BARBARA MURPHY

E-MedSoft.com in Camarillo plans to acquire privately held Illumea Corp. for common stock valued at about $15 million.

Illumea develops Internet-based image sharing and management products in the medical and life-sciences industries. Its technology allows physicians and researchers to view, manipulate, store and analyze tissue data both remotely and locally through a Web-based platform.

Founded at the USC School of Medicine, Illumea's products have been installed at Memorial Sloan Kettering Cancer Center; the University of Maryland Genetics and Lab Medicine; and other academic and commercial institutions in both the United States and Asia.

E-MedSoft.com will not only significantly increase its business through the use of Illumea's technology, but will also gain a critical platform to drive the adoption of its entire product line, said John F. Andrews, president and CEO of e-MedSoft.com.

E-MedSoft.com is a subscription-based health care management system available for delivery through the Internet. Users of the software are charged an installation fee, plus an ongoing subscription fee based on transaction volume.

Advertisement
Los Angeles Times Articles
|
|
|