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Dell to buy Insite One for undisclosed sum

by Brendon Nafziger, DOTmed News Associate Editor | December 22, 2010
Dell said Wednesday it would buy medical imaging archiving company InSite One Inc. for an undisclosed sum to take advantage of the growing medical imaging data market.

Wallingford, Conn.-based InSite sells so-called cloud-based software and services for storing and sharing imaging data on on-site or remote servers, which clinicians can access through the Web. Dell said the purchase would give it a storage-as-a-service platform to market to other companies on a subscription or pay-per-use basis.

Round Rock, Texas-based Dell also said InSite's Vendor-Neutral Enterprise Archive will extend the capabilities of its own Unified Clinical Archive storage and sharing program.

"Our customers have told us that managing the growing demands of both digital images and patient records is one of their greatest concerns," noted James Coffin, vice president of Dell Healthcare and Life Sciences, in prepared remarks.

Medical imaging data in North America is expected to grow more than 35 percent annually, Dell said, citing a Sept. ESG Research report, reaching up to 2.6 million terabytes of data by 2014.

Dell's stock remained steady at $13.84 during morning trading on Nasdaq Wednesday.