Two equity investment firms will acquire a majority of health information exchange and data analytics vendor MEDSEEK Inc., with management retaining a minority share of the privately held company.
Terms of the acquisition were not disclosed. The buying firms are Silver Lake Sumeru and Essex Woodlands. Essex specializes in health care investments with a portfolio of at least 82 pharmaceutical, biotechnology, medical device, health information technology and health services firms. Its I.T. holdings include Allscripts and cloud computing vendor ika Systems. Silver Lake invests in technology companies across multiple industries and has $14 billion in assets under management.
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