Customer relationship management software vendor NexJ Systems Inc. has acquired patient education vendor Liberate Ideas Inc. for $1 million in cash and stock and up to $1 million more upon meeting performance targets.
Both companies are based in Toronto with NexJ Systems doing 75 percent of its business in the United States. The NexJ Systems CRM software serves multiple industries with the healthcare products supporting increased productivity, and management of member loyalty, marketing, and health coaching and wellness programs. Liberate formed in 2012 and its product went live in January 2014. The company has about 1,000 physician users in Canada and 500 in the U.S.
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