Starlims

STARLIMS Corporation (Starlims) is a subsidiary of Francisco Partners that provides web-based laboratory information management systems.

STARLIMS Corporation
TypeSubsidiary
IndustrySoftware, IT
Founded1986
Headquarters
ParentFrancisco Partners
Websitewww.starlims.com

History

The company was founded by Itschak Friedman and Dinu Toiba in Israel in 1986, and developed and sold LIMS software. The company was renamed to Starlims.[1] By 2005, the company's software was installed at the US Centers for Disease Control and Prevention and in systems of state health authorities in 12 US states.[2] The company held its IPO in the US in 2007.[3] Friedman served as CEO until the company was acquired by Abbott Laboratories in 2009 for $123 million; at that time the company had 160 employees and most of its operations and sales were in the US, the UK, and Hong Kong.[1] By the time of the sale, Starlims was offered as a web application.[4] Abbott intended to fold Starlims' products offerings into its other health information technology businesses in an effort to improve its clinical diagnostics business.[4] In 2014, Abbott changed the subsidiary's name from Starlims to Abbott Informatics.[5][6] In July 2021 Abbott sold Starlims to Francisco Partners.[7]

References

  1. Zalik, Nir (16 December 2009). "Abbott Buying Starlims Corp". Haaretz.
  2. Gavison, Yoram (8 April 2005). "LIMS Boasts String of Major Contracts". Haaretz.
  3. Gelsi, Steve (May 4, 2007). "Starlims Tech files $37 mln IPO". MarketWatch.com. Retrieved November 20, 2008.
  4. Elaine, Meyer (December 15, 2009). "Abbott To Buy Starlims In $123M Cash Deal - Law360". Law360.
  5. "Abbott Informatics Europe Limited - Filing history". Companies House. Retrieved 29 May 2017.
  6. "Change of Name notice". Florida Department of State Corporations Division. 30 May 2014. Retrieved 29 May 2017.
  7. Weitzman, Aaron (March 9, 2023). "State of play: Lab informatics". Axios.
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