Xconomy San Diego

Initiate Systems Acquires Accenx Technologies for Undisclosed Sum

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=26c9f104-4eb3-411c-8aff-a094ec82b929&Preview=1
Date
10/30/2009
Company Name
Accenx Technologies
Mailing Address
6 Jenner Irvine, CA 92618
Company Description
Accenx was formed in 1997 and quickly established itself as an expert integration consulting firm focused on the healthcare industry. The company attracted a number of integration experts and software developers and transitioned towards software development and e-commerce integration in a range of industries.
Website
http://www.accenx.com
Transaction Type
M&A
Transaction Amount
Undisclosed
Transaction Round
Proceeds Purposes
M&A Terms
This acquisition furthers Initiate’s growth strategy and expands its offerings in the healthcare market.