Tag: acquires

12
Oct
2020
Posted in technology

HealthStream Acquires ShiftWizard, Expanding Its Nurse & Staff Scheduling Solutions for Healthcare Providers

Named Category Leader in “2020 Best in KLAS Software & Services” report, ShiftWizard’s innovative SaaS-based scheduling application has earned a 97% retention rate among its customers

HealthStream (Nasdaq: HSTM) today announced that it has acquired ShiftWizard, Inc., a Raleigh, North Carolina-based company focused on providing a SaaS-based solution that integrates key workforce management capabilities, including scheduling, productivity, and forecasting. HealthStream adds to an emerging area of its workforce solutions that supports healthcare professionals and their management in effective staff scheduling—where administrative work is reduced, cost-savings are gained, and productivity data is made readily accessible to managers.

“Since ShiftWizard’s launch in 2007 as the first 100% web-based, healthcare-focused scheduling solution in the market, our mission has remained on revolutionizing the way healthcare organizations manage and communicate with their workforce,” said Christian Pardue, RN, Co-founder & Chief Product Officer, ShiftWizard. “Our success in doing that is reflected in a 97 percent retention rate among our customers that includes a staff buy-in and adoption rate of over 85 percent, the highest in the industry according to KLAS.”

As a leading nurse and staff scheduling solution, ShiftWizard helps healthcare organizations maximize staff availability, minimize cost, and ensure that caregivers are properly matched to patient needs. Based on these core capabilities, KLAS named ShiftWizard its Category Leader among scheduling applications in its acclaimed “2020 Best in KLAS Software and Services” report. Contributing to this selection was ShiftWizard’s emphasis on its highly rated user experience for nurses and staff.

Deb Woods, Chief Executive Officer, ShiftWizard, commented, “The ShiftWizard solution helps healthcare organizations ensure that the appropriate level of staffing with the right skillsets to address patient needs is achieved, while saving time in developing schedules and reducing costs to the healthcare provider. Our customers will benefit from expanded opportunities as part of HealthStream while continuing to

12
Oct
2020
Posted in computer

Sterling Group acquires Dubai’s computer brand iLife as pandemic makes tech an investor favourite

Tech
Remote work and schooling is making tech and tech brands popular with investors. The Sterling deal will speed up iLife’s moves into new categories.
Image Credit: Pexels

Dubai: The Sterling Group, the private equity firm, has acquired Dubai-based iLife Digital Technology, a PC brand, for an undisclosed amount. The investment will be used to speed up iLife Digital’s growth plans as well as increase its market share. Other geographies too might be added.

“Coronavirus has created PC sales spike – globally,” said Anees Mian, co-founder of iLife Digital Technology. “With accelerated spread of Covid-19 there has been a surge in consumers buying devices in order to work-from-home – partnering with Sterling Group was a strategic move.” 

Pick up COVID-19 generated growth

For Sterling, it meant an exposure in a “lucrative sector buoyed by positive developments”. Headquartered in Dubai, iLife has had a pan-India presence for around three years. It plans to enter new channels such as large format retailers and with dealers, with prime focus on the rapidly growing education market. (Again, a category that has seen growth catapult in COVID-19 times.)

iLife also plans to introduce hardware targeting the enterprise category such as chrome books, commercial desktops, monitors, notebooks and servers. In the next three years, the company projects an overseas expansion.

Syed Faizan, Managing Partner of Sterling Group, said: “We have followed the impressive iLife Digital journey for many years. We are proud to acquire such an innovative company with a strong record of growth and success in consumer tech.”

iLife Digital will continue to operate as a privately held company. Sterling Group’s Louis Dsouza will join iLife Digital as President and Group Chief Financial Officer along with two executives by November.

Source Article

05
Oct
2020
Posted in software

ECI Software Solutions Acquires BOLT Software

ECI Software Solutions, a leader in cloud-based business management solutions, today announced that it has acquired BOLT Software, a cloud-based construction business management solution. BOLT will become part of ECI’s Residential Home Construction Group, joining MarkSystems (ECI’s flagship ERP for residential home builders); Lasso CRM (ECI’s CRM solution built specifically for the homebuilding industry, including lead management, automated sales processes, email marketing and reporting capabilities); LotVue (ECI’s cloud-based lot inventory management system); and BuildTools (ECI’s cloud-based project management system for custom homebuilding and remodeling).

Built by the trades for the trades, BOLT is a SaaS solution that simplifies project management, scheduling and estimating for new home construction subcontractors. BOLT will complement MarkSystems’ Internet Toolkit (ITK) functionality. Where ITK helps builders communicate key details with their subcontractors, BOLT will help those subcontractors truly manage their teams: from rescheduling due to unforeseen delays to scheduling out multiple crews simultaneously.

To help accelerate BOLT’s growth, ECI plans on making investments in product development, go-to-market and customer success strategies.

“ECI is dedicated to helping the small and medium businesses we serve get business done, better than ever before,” said Ron Books, CEO, ECI. “BOLT is an exciting opportunity for us to bring that mission to the subcontractor market that our residential construction customers rely on to accomplish their own business objectives.”

“Home builders and remodelers do extremely valuable work,” said Scott Duman, president, Residential Home Construction Group at ECI. “In addition to enhancing the lives of people in their communities, they are a critical part of their local economy and the small business ecosystem as a whole, and we have dedicated ourselves to making sure they have the best tools available to do their jobs. Adding BOLT to our portfolio allows us to serve the market even better than before.”

“In 2016,

01
Oct
2020
Posted in technology

Via acquires delivery logistics startup Fleetonomy to bolster fulfillment with AI

In a move to expand its business into the logistics and delivery segment, ride-hailing startup Via today announced that it acquired Fleetonomy for an undisclosed sum. Via, which says it plans to apply Fleetonomy’s expertise in demand prediction and fleet utilization to support fully integrated, digitally powered logistics solutions, says the pandemic has highlighted the growing need for essential services and goods delivery.

Tel Aviv-based Fleetonomy, which was founded in 2017 by CEO Israel Duanis and CTO Lior Gerenstein, taps AI to analyze data and deliver insights with the goal of maximizing inventory and promoting proactive maintenance. The company provides white label ride-sharing and on-demand car subscription services that can accommodate semiautonomous and autonomous fleets. With Fleetonomy’s cloud-based suite of tools, managers can simulate services before deploying cars on the road, adjusting for factors such as fleet size, parking, charging locations, demand, and more.

“As we continue to build the next generation of public transportation and delivery infrastructure, we are proud to partner with Fleetonomy to step into this new phase of growth,” Via cofounders Daniel Ramot and Oren Shoval said in a statement. “We have been consistently impressed by Israel, Lior, and the entire Fleetonomy team, and by the beautifully designed and exceptionally engineered products they have created. We share a vision for the future of mobility and look forward to realizing this vision together.”

Prior to the acquisition, Fleetonomy raised $3 million in a seed round led by Vertex Ventures, with participation from Kardan Ventures and VectoIQ.

“Today is a very exciting milestone for our company,” Duanis said. “When Lior and I founded Fleetonomy three years ago, we had a very big mission in mind — to provide a new way of managing fleet based services … In the past three years, with the incredible Fleetonomy team and