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Hemo-Net is an application service provider (ASP) specialized in blood donor management and transfusion medicine software applications. BBC supplies blood and blood products to hospitals and healthcare facilities.
The transaction is expected to close on November 1, 2009.
Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Announced: 2009-10-06
Deal Participants
Target (Company) Hemo-Net Acquirer (Company) Global Med Technologies, Inc. Vendor (Company) Bonfils Blood Center (formerly Belle Bonfils Memorial Blood Bank )
Deal Rationale
The acquisition will complement Global Med Technologies' line of international blood management and laboratory information software and service solutions by offering alternative hosting methods.
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