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Saturday, 01 September 2007 07:00

Recent News: Perot Goes Wild With Acquisition

August 13, 2007 -- Perot Systems Corporation (NYSE: PER) today announced that it has entered into a definitive agreement to acquire JJWild, Inc., the preferred provider of integrated healthcare delivery solutions for organizations using the MEDITECH Healthcare Information System. Perot Systems will acquire the Canton, Massachusetts-based company for $89 million, subject to certain adjustments and offsets.

The acquisition of JJWild adds to the capabilities of the company’s MEDITECH Solution Center, enabling Perot Systems to expand and enhance its MEDITECH service offerings to serve a broader range of hospitals.

“JJWild enjoys a great reputation, has talented people, and long-term customer relationships, all of which make them an excellent addition to Perot Systems’ healthcare industry group,” said company CEO Peter Altabef. “JJWild’s position in the healthcare market deepens our expertise with the clinical and financial information system used by more than 2,000 hospitals in the U.S., Canada, and other select international markets.”

Following the acquisition, all JJWild associates will join Perot Systems. The addition of JJWild’s application consultants and technology specialists will firmly position Perot Systems’ MEDITECH Solution Center as a market leader, with services ranging from technology design and implementation to hosting and support of MEDITECH applications.

More info: http://jjwild.com/pdf/news/Press_Release_JJWild_Acquisition.pdf

 
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