Beckman Coulter Acquires Artificial Intelligence Company Providing Evidence-Based Clinical Decision Support For Emergency Departments
Oct 11, 2022•almost 3 years ago
Acquiring Company
Beckman Coulter Life Sciences
Acquired Company
Intelligence
Description
Beckman Coulter Diagnostics, a global leader in clinical diagnostics, today announced it acquired StoCastic, LLC., a leading artificial intelligence company that provides evidence-based decision support for hospital emergency departments (ED). StoCastic's TriageGo will be a cornerstone of Beckman Coulter's artificial intelligence (AI) enabled Clinical Decision Support (CDS) portfolio, a growing field that aims to further improve patient care by leveraging data-driven insights for clinicians and optimize clinical decision making.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed