Deltaware has been sold

Reminds me of the song another one bites the dust…but in a good way. Congrats to the shareholders of the company.

http://www.cbc.ca/canada/prince-edward-island/story/2010/02/14/pei-deltaware-sale.html

Deltaware may not have been one of the largest Canadian healthcare IT companies, but they did have some traction in the market.

I wonder who is going to be next?

Mark

One response to “Deltaware has been sold

  1. Deltaware is a good example of the type of company that I think makes a good acquisition target. To start, the founders are at an age where cashing out in on their minds. Second, they have a strong local presence and moderate success outside their home market. Acquisition provides both the cash and the presence in new markets to fuel growth and offers the founders a good opportunity to realize a return on their many years of investment.

    I’m still waiting for one of the larger players to be acquired. Meditech, anyone?

    Mike

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