Siemens to acquire GSD

AuntMinnieEurope.com staff writers
Jan 16, 2007

Siemens Medical Solutions has agreed to purchase longtime partner Gesellschaft für Systemforschung und Dienstleistungen im Gesundheitswesen (GSD), a German developer of health information systems.

With the acquisition, Erlangen, Germany-based Siemens believes it will strengthen its position in the healthcare IT sector, especially in Germany and other European countries. GSD has more than 300 customers in 14 countries, and generated 25.6 million euros in revenue in fiscal 2005.

The acquisition is still subject to approval by antitrust authorities, Siemens said. GSD of Berlin will be a wholly owned subsidiary of Siemens Medical Solutions, and part of its Health Services division.

By AuntMinnie.com staff writers
January 17, 2007

Related Reading

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

Siemens CMO named as CCHIT commissioner, December 5, 2006

Copyright © 2007 AuntMinnie.com

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