Agfa HealthCare Acquires TIP Group

Agfa HealthCareAgfa HealthCare announces today, that it has acquired the TIP Group, which is based in Graz, Austria. This merger of two healthcare pioneers will broaden Agfa HealthCare's portfolio with specialized Business Intelligence and ERP solutions for hospitals.

Specialized tools for Business Intelligence
"The merger with the TIP Group will give us access to a specialist in hospital Business Intelligence, with solutions that will extend our global offering in a meaningful way," says Winfried Post, CEO and General Manager, Agfa HealthCare GmbH. "Business Intelligence solutions are ever-more important for hospitals. The increasing cost pressures in healthcare will only be efficiently managed in the future using specialized tools. With this acquisition, we now have a solution that is tailored to the data integration and analysis needs of the hospital, allowing us to generate an even higher added value for healthcare facilities."

Agfa HealthCare and the TIP Group both have long-standing experience in healthcare and in the optimization of processes. Combined with deep insight into hospital workflows, this will enable the advantages of a joint future will be realized quickly, and an extremely powerful team will emerge from the merger.

Extended portfolio of solutions
"The acquisition by Agfa HealthCare opens up new possibilities for our comprehensive product portfolio," says Heimo Babcicky, chairman and founder of the TIP Group. "Agfa HealthCare is a strong and solid partner for us and for our customers, which enables us to jointly offer a larger portfolio. In this way, our solutions improve and our customers benefit from our cooperation."

The new partners will begin working together immediately, to mutually make the change for a successful future.

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About Agfa
The Agfa-Gevaert Group is one of the world's leading companies in imaging and information technology. Agfa develops manufactures and markets analogue and digital systems for the printing industry (Agfa Graphics), for the healthcare sector (Agfa HealthCare), and for specific industrial applications (Agfa Materials). Agfa is headquartered in Mortsel, Belgium. The company is present in 40 countries and has agents in another 100 countries around the globe. The Agfa-Gevaert Group achieved a turnover of 2,620 million euro in 2014.

About Agfa HealthCare
Agfa HealthCare, a member of the Agfa-Gevaert Group, is a leading global provider of diagnostic imaging and healthcare IT solutions. The company has nearly a century of healthcare experience and has been a pioneer on the healthcare IT market since the early 1990's. Today Agfa HealthCare designs, develops and delivers state-of-the-art systems for capturing, managing and processing diagnostic images and clinical/administrative information for hospitals and healthcare facilities, as well as contrast media solutions to enable effective medical imaging results. The company has sales offices and agents in over 100 markets worldwide. Sales for Agfa HealthCare in 2014 were 1,069 million euro.

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