Tie-up fuelling innovation
14 January 2013Tweet
Innovation lifecycle management software provider Accelrys is aiming to cement its market position in laboratory informatics with the acquisition of its long-time partner Vialis, a leading systems integrator serving the pharmaceutical, biotechnology, chemicals and agro-science industries.
Vialis' experience implementing and supporting paperless laboratory solutions further strengthens Accelrys' position in the laboratory informatics software market and expands the company's capabilities in the downstream analytical development, quality control and quality assurance and manufacturing areas.
Accelrys has purchased Vialis' outstanding stock for approximately $5 million. The acquisition includes potential for additional incentive consideration of up to approximately $5 million, dependent on meeting certain growth targets in the next three years.
'With demonstrated success in improving laboratory operations by integrating core software systems critical to improving innovation – including electronic laboratory notebooks, laboratory execution systems, and laboratory information management systems – Vialis brings key domain and delivery expertise to Accelrys, and we welcome them to our team,' said Accelrys president and CEO, Max Carnecchia.
'This acquisition is a natural complement to our two most recent software acquisitions of Velquest and Aegis, furthering our strategy to deliver software solutions that optimise the laboratory-to-commercialisation value chain.'