Abbott completes acquisition of Starlims
Adds products to build position in laboratory informatics
Abbott has completed its US$123m acquisition of Starlims Technologies, a supplier of laboratory information management systems.
Pharmaceutical firm Abbott says the transaction provides it with leading products and expertise to build its position in laboratory informatics, an emerging and growing field focused on managing the data generated in laboratories.
Starlims’ web-based software applications help laboratories store, retrieve and analyse data across a number of scientific, industrial and clinical disciplines.
‘The acquisition enables us to provide a common informatics framework across all of our diagnostics businesses and, equally important, will help accelerate Starlims' growth strategy in the non-diagnostics market segments it currently serves,’ said Edward Michael, Abbott’s executive vice president of diagnostics products.