Most recently, Gene served as chairman and CEO of Apexion Technologies Inc., a start-up technology company providing healthcare supply and surgical instrument tracking applications that was recently acquired by Lawson Software.
Lawson Software (Lawson Software, St. Paul, MN, www.lawson.com) A software company that specializes in ERP for vertical markets including health care, retail, public sector, professional and financial services (Nasdaq:LWSN) today announced a definitive agreement to acquire Apexion Technologies Inc., a leading provider of healthcare surgical instrument and supply tracking applications based on a scalable mobile architecture. The definitive agreement is subject to Apexion shareholder approval and is expected to be finalized within 45 days.
The acquisition of San Francisco-based Apexion (www.apexion.com) will add surgical instrument tracking functionality and a scalable mobile platform to Lawson's healthcare product offering. It also will support Lawson's growth strategy to enhance its vertical market products by acquiring industry-specific technologies. Lawson expects to retain most of Apexion's 20 full-time employees.
Once the transaction is finalized, these applications will help hospitals lower the cost of providing high-quality patient care. Lawson also expects this action to provide it with a strong competitive advantage over enterprise application vendor PeopleSoft Inc. (Nasdaq:PSFT PSFT PeopleSoft (stock symbol)
PSFT Progressive Saturation Fourier Transform
PSFT Prosoft-Technology, Inc ), which currently has a partnership with Apexion.
"Lawson's market leadership and the unique fit among our products made this agreement compelling," said Maher Hakim, president, Apexion Technologies. Hakim will become vice president of product development within Lawson's healthcare business unit. "The acquisition will enable us to reach a broader audience while taking our product development to the next level."
Apexion's applications give hospitals greater visibility and control of materials and surgical instruments A surgical instrument is a specially designed tool or device for performing specific actions of carrying out desired effects during a surgery or operation, such as modifying biological tissue, or to provide access or viewing it. by providing greater mobility to workers involved in materials management Materials management is the branch of logistics that deals with the tangible components of a supply chain. Specifically, this covers the acquisition of spare parts and replacements, quality control of purchasing and ordering such parts, and the standards involved in ordering, and central supply. With a better view of inventory, instrument location and status, hospitals can reduce excess inventory, improve instrument utilization rates and increase the productivity of staff assembling surgical carts. This directly improves a hospital's bottom line and patient care by reducing the number of delayed or cancelled surgeries.
Apexion's technologies will deepen the functionality of Lawson's healthcare suite and expand its current mobile platform to include Microsoft's Windows CE (Windows Consumer Electronics) Microsoft's version of Windows for handheld devices and embedded systems that use x86, ARM, MIPS and SHx CPUs. Windows CE .NET superseded Windows CE 3.0.
..... Click the link for more information. operating system operating system (OS)
Software that controls the operation of a computer, directs the input and output of data, keeps track of files, and controls the processing of computer programs. for wireless handhelds. The Windows CE platform is becoming more pervasive within the healthcare market and easily scales to support large numbers of users.
Lawson plans to introduce a new product based on Apexion's applications and mobile platform by the end of this year. Lawson will provide more details on the new application in the fourth quarter of calendar 2003.
"This acquisition demonstrates Lawson's commitment to the healthcare market by deepening our supply chain management offering and supporting enterprise resource optimization," said Eric Morgan, executive vice president, Healthcare, Lawson Software. "We acquired Apexion for its compelling combination of mobile applications and architecture. This combination will help healthcare organizations optimize their supply chain investments by integrating surgical instrument management with other enterprise management applications, such as general ledger General Ledger
Lawson serves more than 400 healthcare industry customers representing more than 4,500 facilities, including eight of the top 10 integrated delivery networks. The company also serves managed care systems, academic medical centers, hospitals, clinics, physician group practices, home healthcare, long-term care long-term care (LTC),
n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders. and other health services health services Managed care The benefits covered under a health contract enterprises. Lawson solutions help healthcare organizations manage their business so they can focus on their patients, automate and streamline materials management for a better bottom line, and overcome the challenges of labor shortages.
About Lawson Software
Lawson Software provides business process software solutions that help services organizations in the healthcare, retail, professional services (job) professional services - A department of a supplier providing consultancy and programming manpower for the supplier's products. , public sector, financial services and other strategic markets achieve competitive advantage. Lawson's solutions include enterprise performance management, distribution, financials, human resources, procurement, retail operations and service process optimization. Headquartered in St. Paul, Minn., Lawson has offices and affiliates serving North and South America, Europe, Asia, Africa and Australia. Additional information about Lawson is available at www.lawson.com.
News 
Market Data 
Discover 
