GE Healthcare this month handed its Centricity Laboratory Division over to Cirdan Ultra, an subsidiary of Ireland-based Cirdan Imaging Limited, which acquired the intellectual property and assets together with compatriot Kainos Software.
The new owners plant to developing the laboratory information systems products to "keep pace with the rapid advances in molecular and genetic pathology, Cirdan Imaging CEO Hugh Cormican said in prepared remarks. Cirdan plans to launch the next version of the Centricity product as early as January 2015.
"This acquisition positions us for faster growth in one of the most dynamic global healthcare markets," Cormican added. "The market for laboratory information management systems is projected to grow rapidly to nearly £1billion ($1.5billion/ €1billion) by 2015."
Under the terms of the agreement, the financial aspects of which were not disclosed, Cirdan will continue to support Centricity’s customers in North America, Asia Pacific and the U.K.
Cirdan is collaborating with Kainos to integrate the laboratory systems with Kainos’ Evolve electronic medical record system, according to a company statement.