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TMCNet:  iMedicor acquires ClariDIS

[February 20, 2013]

iMedicor acquires ClariDIS

Feb 20, 2013 (Datamonitor Financial Deals Tracker via COMTEX) -- iMedicor, Inc., a provider of healthcare communications solutions, has acquired ClariDIS Corporation, a provider of DIS (Diagnostic Information System) standard format platform for reporting all cumulative diagnostic test results. Both the companies are based in the US.

In addition, iMedicor has also acquired HITS Consulting Group LLC (HITS), a provider of Electronic Health Records (EHR) IT consulting services to healthcare facilities.

Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2013-02-19 Deal Participants Target (Company) ClariDIS Corporation Acquirer (Company) iMedicor (formely Vemics, Inc.) Deal Rationale The transaction will strengthen IT and security encryption capabilities of iMedicor's social health information exchange (HIE) Version 3.0.

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