Agfa-Gevaert Group successfully completes sale of selected parts of the Agfa HealthCare IT business to the Dedalus Group

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Agfa-Gevaert Group successfully completes sale of selected parts of the Agfa HealthCare IT business to the Dedalus Group

Press releases may be edited for formatting or style | May 05, 2020 Business Affairs
Agfa HealthCare announces the successful sale of part of its IT business to the Dedalus Group at an enterprise value of 975 million euro. The part that has been sold consists of the Healthcare Information Solutions (Electronic Health Record, the ORBIS platform) and the Integrated Care activities in Germany, Austria, Switzerland, France and Brazil as well as specific Imaging IT activities in these geographies.

The completion of the deal enables Agfa HealthCare to focus 100% on its core global Imaging IT software business, flagship solutions and customers. Agfa Imaging IT continues to be a key part and division of the Agfa-Gevaert Group, headquartered in Mortsel, Belgium and traded on Euronext Brussels (AGFB).

"The sale of this business is a major step in our transformation process. The proceeds of the sale will help us to secure the future of our Group and to further implement the strategies we have developed for our various activities. Going forward, Agfa HealthCare will focus on its core Imaging IT software business. Based on our flagship Enterprise Imaging platform and the IMPAX® solutions, we will continue to deliver superior value to our Imaging IT customers," says Pascal Juéry, President and CEO of the Agfa-Gevaert Group.

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Strong player and partner of choice for Imaging IT

This transaction represents an exciting new phase in the evolution of Agfa HealthCare. "Agfa HealthCare has established itself as a leader in Enterprise Imaging, with the most advanced platform in the market. We are fully confident in our Enterprise Imaging platform strategy. The sale will allow us to focus our expertise and resources 100% on the value-improvement of our Enterprise Imaging offering, and on developing our role as the partner of choice for customers in all our markets," says Luc Thijs, President of Agfa HealthCare.

Technical innovation, clinical depth and strategic guidance

Offering a proven combination of technical innovation, clinical depth and strategic guidance, Agfa HealthCare will continue to support customers' clinical, operational and business strategies, enabling the creation of a health IT ecosystem for efficient care delivery. By helping healthcare providers manage resource allocation and productivity, our solutions play a key role in accelerating precision health and clinical confidence with patient-centric contextual intelligence.

At the center of Agfa HealthCare's Imaging IT activities is the Enterprise Imaging platform. "Agfa HealthCare will continuously deepen its robust, scalable, and unified technology to empower clients with multispecialty, location-agnostic imaging data management solutions", said Arto Ryymin, Chief Operations Officer of Agfa HealthCare. Enterprise Imaging continues to expand to meet healthcare's goals and challenges. The powerful rules-based workflow engine helps optimize tasks and improve productivity, with rapidly deployed remote reading, secure communication and real-time collaboration, and standards-based integration of best of breed AI.

About Agfa HealthCare
At Agfa HealthCare, we are transforming the delivery of care – supporting healthcare professionals across the globe with secure, effective, and sustainable imaging data management.

Focused on our robust and unified Enterprise Imaging Platform we help our clients manage resource allocation, improve productivity and provide clinical confidence with patient-centric contextual intelligence. The technology speeds diagnoses to drive an improved patient experience. With our core commitment on delivering value, the technology suits multi-specialty requirements and securely standardizes workflows, to collaborate seamlessly between departments and across geographies.From product development to implementation, our solutions are purpose-built to reduce complexity and support healthcare providers to achieve their clinical, operational and business strategies.With a proven track record as innovators, in-depth medical knowledge and strategic guidance, we enable clients to form the foundation for an effective health IT ecosystem. Agfa HealthCare is a division of the Agfa-Gevaert Group which is headquartered in Mortsel, Belgium and traded on Euronext Brussels (AGFB).

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