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DewDiligence

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DewDiligence

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Re: north40000 post# 134055

Wednesday, 04/11/2012 9:15:15 AM

Wednesday, April 11, 2012 9:15:15 AM

Post# of 257579
3M acquires CodeRyte for undisclosed amount:

http://finance.yahoo.com/news/3m-acquires-coderyte-inc-130000844.html

3M announced today that it has acquired CodeRyte Inc., an industry leader in clinical natural language processing (NLP) technology and computer-assisted coding solutions for healthcare outpatient providers. Terms of the transaction were not disclosed.

Although it’s better known for Post-It! notes and Scotch tape, 3M has a thriving healthcare business that comprises almost 20% of corporate sales.

p.s. 3M has raised its dividend for 54 (!) consecutive years (#msg-71865338). It also has a new CEO (#msg-71865290).

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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