"In examining our long-term strategic position and the intensive resources required to ensure a viable future in the global marketplace, we determined that pairing with a strong industry leader like Siemens would be the right approach to help protect our customers' current investments and best position them for the future," said Stefan Herm, Managing Director of GSD. "The shared synergies between our two companies allow us to provide an unmatched portfolio of offerings in our target markets. We look forward to being a key component of Siemens Medical Solutions' growth strategy in Germany and throughout Europe," added Herm.

"Siemens values the talent and expertise of our people as one of our greatest assets," said Reinhardt. "The combined strengths of our Health Services (healthcare IT) division and the GSD team will help assure that our healthcare IT product and service innovation continues, as we work to reduce total cost of ownership for healthcare organizations worldwide."


After Diagnostic Products Corporation (DPC) and Bayer Diagnostics, the takeover of GSD is Siemens Medical Solutions' third acquisition in the past three quarters alone. In taking over GSD, Siemens is now also consistently pursuing its strategy of building the industry's first fully integrated diagnostics company that combines diagnostic imaging, laboratory diagnostics and clinical information technology under one roof along the value chain. In doing so, the company is significantly strengthening its expertise profile, thus enhancing its leading role as a trendsetter in the healthcare sector.
Gesellschaft fur Systemforschung und Dienstleistungen im Gesundheitswesen mbH (GSD) is one of Europe's leading manufacturers and service providers of IT solutions for hospitals. Its circle of users comprises over 268 hospitals and hospital operators around the world and GSD provided support for over 54 hospitals in different SAP projects. For the past 25 years GSD's has been providing the healthcare sector with all the IT solutions required to run a modern hospital: from software development to hardware solutions, over planning, support and implementation of networks, to the complete outsourcing of system operations. The company generated revenue of 25.6 million Euro and employed 168 people in the fiscal year 2005 (ended December 31). Further information at www.gsd.de and www.siemens.com/medical

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