N. Harris Computer Corp, a division of Constellation Software Inc, has agreed to buy Picis, a U.S. provider of perioperative management solutions and emergency department solutions for over 700 hospital sites worldwide. The value of the proposed acquisition was not published. Constellation, a Toronto-based provider of software solutions, said the deal will expand Harris’ existing acute care business in American, Canadian and international markets. Publicly listed in 2006, Constellation remains a portfolio investment of OMERS Private Equity.
Constellation acquires Picis
Toronto, Canada, May 20, 2015 – Constellation Software Inc. (“Constellation”)(TSX:CSU), announced today that it has entered into, through its wholly-owned subsidiary N. Harris Computer Corporation (“Harris”), a definitive agreement to acquire Picis clinical applications, (“Picis”). Picis is the provider of perioperative management solutions and emergency department solutions for over 700 hospital sites worldwide. The transaction is subject to regulatory approval and other customary closing conditions.
The acquisition expands Harris’ existing acute care business in the United States, Canadian and international markets. Picis software provides solutions to optimize a hospital’s perioperative, anesthesia and critical care environments and workflows. In addition, Picis provides a market-leading emergency department solution under the PulseCheck brand. Harris will continue to develop, sell, implement and support all Picis solution suites using the same employee group headquartered in Wakefield, MA.
Jeff Bender, Chief Executive Officer of Harris, commented, “Picis is a great addition to our HCIT portfolio and deepens our functionality in multiple high acuity care segments. Picis customers will continue to benefit from our commitment to providing solutions that optimize department performance and improve patient outcomes.”
About Constellation Software Inc.
Constellation Software acquires, manages and builds vertical market software businesses that provide mission-critical software solutions.
About N. Harris Computer Corporation
Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to Public Sector, Schools, Utility, and Health Care agencies throughout North America. Harris’ focus is on creating long-term relationships with its customers and ensuring that it meets the changing needs of its customers over time. Further information about Harris may be obtained from its website at www.harriscomputer.com.
For further information, contact:
Constellation Software Inc.
Jamal Baksh, Chief Financial Officer
Tel: (416) 861-2279
Harris Health Care Group
Daniel Desaulniers, Group President
Tel: (418) 724 5037 ext 1252
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