Siemens completes GSD acquisition

AuntMinnie.com staff writers

Feb 28, 2007

Siemens Medical Solutions of Erlangen, Germany, has received antitrust approval and completed its acquisition of health information software developer Gesellschaft für Systemforschung und Dienstleistungen im Gesundheitswesen (GSD) of Berlin.

The new Siemens Medical Solutions GSD division will remain a separate entity, operating as a wholly owned subsidiary of Siemens Medical Solutions and as part of the Health Services division.

With more than 300 customers in 14 countries, Siemens expects the acquisition of GSD to strengthen its position in the European healthcare IT market. GSD generated revenue of approximately $30 million (U.S.) in 2006.

By AuntMinnie.com staff writers
March 1, 2007

Related Reading

Siemens to acquire GSD, January 17, 2007

Siemens wins Ontario contract, January 10, 2007

Siemens signs Virginia Soarian contract, January 9, 2007

Siemens finalizes Bayer buy, January 3, 2007

Siemens, UCLA to test Alzheimer's PET agent, December 21, 2006

Copyright © 2007 AuntMinnie.com

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