Kryptiq Sells Product Line to Portico

4/21/09Follow @gthuang

Hillsboro, OR-based Kryptiq announced today it has sold off its health plan network management software, called Choreo, to Blue Bell, PA-based Portico Systems. Financial terms were not released, but Kryptiq is using proceeds from the sale to expand its core services for healthcare providers. Kryptiq’s collaborative software lets providers share healthcare information with patients, labs, pharmacies, and colleagues.

Gregory T. Huang is Xconomy's Deputy Editor, National IT Editor, and the Editor of Xconomy Boston. You can e-mail him at Follow @gthuang