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News

Omnicell agrees to acquire Rioux Vision

Omnicell : 30 November, 2007  (New Product)
Omnicell has entered into a definitive agreement to acquire Rioux Vision in an all cash transaction valued at approximately $26 million, subject to adjustment.
Rioux Vision designs and manufactures mobile cart technology that brings quality healthcare to the bedside through a point-of-care medication management process. Rioux Vision is a privately-held company based in Elgin, South Carolina, USA, and has approximately 60 employees.

Rioux Vision mobile cart technologies, such as the recently announced RIO product, are fully-integrated into the bedside point-of-care environment, enabling nurses to have easy access to patient records and electronically integrate the process of record keeping into the patient care process. The RIO product offers a removable medication distribution cart option and features multiple drawer configurations. The system also features a removable, exchangeable power management system and software.

“We are excited to add mobile cart technology to our extensive line of medication-use systems. Mobile technology will enable clinicians to increase their productivity and the accuracy of their record keeping, which further leads to improved patient care,” said Randall A Lipps, chairman, president and CEO, Omnicell. “We look forward to welcoming Rioux Vision employees and we continue to focus on delivering the best customer experience in healthcare to help our customers continually improve patient safety.”

Under terms of the agreement, Omnicell will acquire 100 percent of the outstanding shares of Rioux Vision, which will become a wholly-owned subsidiary of Omnicell.
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