CompuGroup Medical Italia acquired a majority stake in Tekne S.r.l., located in Ragusa (Italy). Tekne, with its software XDent, is the market leader for Mac OS software for dentists in Italy. With this acquisition, CGM has strengthened its position as a market leader in the Italian market for ambulatory information systems.
Tekne S.r.l. develops dental software solutions primarily for Mac computers in Italy. Its innovative software studio XDent is a masterpiece in design and usability. It offers not only desktop solutions, but also mobile app solutions to create a link between dentists and their patients.
The total revenue for the operations was around 0.6 million Euros in 2012. The initial stake will be 80% with option rights to purchase the remainder within the next five years.
The former owners and founders will stay onboard to continue the success story of XDent together with CompuGroup Medical Italia, which aspires to become the market leader for dental software solutions in Italy across all platforms.
With this acquisition, CompuGroup Medical further strengthens its position in the Italian healthcare market and consequently expands its portfolio of strategically important services for a better networking of all healthcare actors.
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About CompuGroup Medical AG
CompuGroup Medical is one of the leading eHealth companies in the world. Its software products are designed to support all medical and organizational activities in doctors’ offices, pharmacies, laboratories and hospitals. Its information services for all parties involved in the healthcare system and its web-based personal health records contribute towards safer and more efficient healthcare. CompuGroup Medical’s services are based on a unique customer base of over 385,000 doctors, dentists, hospitals, pharmacies and networks as well as other service providers. With locations in 19 countries and customers in 34 countries worldwide, CompuGroup Medical is the eHealth company with one of the highest coverage among eHealth service providers. Approximately 3,600 highly qualified employees support customers with innovative solutions for the steadily growing demands of the healthcare system.