Battery Ventures Buys Middleware Firm

Investment firm Battery Ventures has acquired Data Innovations, a Waltham, Mass.-based vendor of middleware software for clinical and blood laboratories. Terms of the acquisition were not disclosed.

Data Innovations sells a range of software to augment the functions of core laboratory information systems. Its applications manage such functions as storage, retrieval and routing of specimens; workflow management; and data mining and reporting. The company has installed more than 6,500 systems in 65 nations.

Menlo Park, Calif.-based Battery Ventures also announced the appointment of Mike Epplen as CEO of Data Innovations. He succeeds founders Greg Vail and Dave Potter.

Epplen was vice president of product management at Lawson Software. He previously was responsible for sales, marketing and product management at integration vendor Healthvision, which Lawson acquired in early 2010.

Battery Ventures previously had bought Healthvision before selling to Lawson. Battery Ventures's health information technology portfolio includes Brightree, a software vendor for the durable medical equipment market.

More information is available at datainnovations.com and battery.com.

--Joseph Goedert