Siemens Buys MobileMD To Boost Health Care IT Offerings

Law360, New York (November 4, 2011, 12:37 PM EDT) -- Siemens Healthcare has reached an agreement to acquire medical information technology company MobileMD Inc., Siemens announced Friday.

Terms of the deal were not immediately available. The deal is not subject to any regulatory clearances and is expected to close “as promptly as practicable,” Siemens said.

MobileMD provides cloud-supported health information exchange products that allow doctors and hospitals to transfer patient information rapidly and cheaply, Siemens said. MobileMD's addition will allow Siemens to offer a range of information technology products to health care professionals navigating the changes...
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