Omnicell (OMCL) Tops Q1 EPS by 6c

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Go back to Omnicell (OMCL) Tops Q1 EPS by 6c

Omnicell (OMCL) Completes Avantec Healthcare Acquisition; Boosts FY15 Revenue Outlook

April 30, 2015 8:21 AM EDT

Omnicell (NASDAQ: OMCL) has completed its acquisition of Avantec Healthcare Limited based in Lancing, West Sussex, United Kingdom.

Avantec develops medication and supply automation products that complement Omnicell solutions for configurations uniquely suited to the U.K. marketplace, and has been the exclusive U.K. distributor of Omnicell solutions since 2005. Avantec has installed over 900 systems in 80 National Health Service (NHS) and private hospitals.

This acquisition further demonstrates Omnicell's commitment to supporting the U.K. marketplace. The company purchased U.K. medication adherence packaging provider Surgichem Limited in 2014, and recently completed its acquisition of... More