Notable Mergers and Acquisitions of the Day 12/10: MSFT, NCR
Up)- Microsoft Corp. (NASDAQ: MSFT) today announced that it intends to acquire Sentillion Inc., a privately held company specializing in software for the healthcare industry. Combining Sentillion's products with Microsoft Amalga Unified Intelligence System (UIS) will make it easier for healthcare professionals to deliver better patient care by streamlining access to multiple IT applications and patient data.
Sentillion will continue to sell and support its products to new and existing customers while Microsoft invests in the long-term evolution of the combined portfolio of Sentillion and Microsoft health solutions. Sentillion will also continue to operate out of its corporate headquarters in Andover, Mass. The acquisition is expected to close in early calendar year 2010. Financial terms were not disclosed.
"Microsoft and Sentillion share a vision of a connected health system in which the free and rapid flow of information, coupled with streamlined access to a hospital's myriad healthcare applications, empowers doctors and nurses to perform their roles with greater insight, speed and effectiveness," said Peter Neupert, corporate vice president, Microsoft Health Solutions Group. "As a result, our products and strategies are a natural fit. Joining efforts with Sentillion will allow us to amplify and accelerate the impact we can make in health IT and health globally."
- NCR Corporation (NYSE: NCR) today significantly expanded its network of DVD-rental kiosks through the acquisition of DVDPlay, which operates approximately 1,300 kiosks in the U.S. and Canada. NCR is increasing its expansion goals for its DVD-rental kiosks in 2009; the company now expects to operate approximately 3,800 kiosks by the end of the year. Terms of the deal were not disclosed.
NCR plans to work with its retail partners to convert DVDPlay-branded kiosks to its BLOCKBUSTER Express-brand. Through NCR's kiosks, DVDPlay customers will have the benefit of the largest selection of DVDs in the industry - NCR's kiosks hold more than 900 DVD titles - and access to other BLOCKBUSTER Express kiosks for DVD renting in their area. NCR kiosks are also digital download-ready. In time, consumers will be able to download movies from the kiosks to portable memory cards.
NCR's acquisition of Campbell, Calif.-based DVDPlay expands its reach into states such as California, Colorado and Illinois, where NCR expects to further increase its BLOCKBUSTER Express presence.
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