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Labware Holdings To Acquire Data Analytics Company Compassred - Establishing Labware Data Analytics Innovations Center

PRIVATEMar 01, 2022

Acquiring Company

LabWare

Acquired Company

CompassRed

SoftwareInformation TechnologySoftwareMedia And EntertainmentData And Analytics

Description

LabWare Holdings, the recognized worldwide leader in the Laboratory Information Management industry, announced today it has signed a definitive agreement to acquire CompassRed, a visionary data analytics company named to Inc. magazine's fastest growing companies list for the past two consecutive years. The acquisition will result in a dedicated LabWare Data Analytics Innovation Center to be deployed to LabWare's worldwide customer base.

Quick answer

LabWare is acquiring CompassRed, announced March 1, 2022.

How much did LabWare pay for CompassRed?
The deal value was not disclosed.
What does LabWare do?
LabWare, founded in 1988, is recognized as the global leader of Laboratory Information Management Systems (LIMS) and instrument integration software products.

Source: Fundz verified event record.

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Company Information

Company

LabWare

About

LabWare, founded in 1988, is recognized as the global leader of Laboratory Information Management Systems (LIMS) and instrument integration software products. The company's Enterprise Laboratory Platform combines the award-winning LabWare LIMSTM and LabWare ELNTM, which enables its clients to optimize compliance, improve quality, increase productivity, and reduce costs. LabWare, headquartered in Wilmington, DE with offices in over 125 countries, is a full-service informatics provider offering software, professional implementation and validation services, training, and world-class technical support to ensure customers get the maximum value from their LabWare products.

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Frequently asked

Who acquired CompassRed?

CompassRed was acquired by LabWare. The deal was reported on March 1, 2022. LabWare, founded in 1988, is recognized as the global leader of Laboratory Information Management Systems (LIMS) and instrument integration software products. LabWare is privately held and operates in Software.

When did LabWare acquire CompassRed?

LabWare's acquisition of CompassRed was reported on March 1, 2022. LabWare Holdings, the recognized worldwide leader in the Laboratory Information Management industry, announced today it has signed a definitive agreement to acquire CompassRed, a visionary data analytics company named to Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does CompassRed do?

CompassRed is an award-winning data and artificial intelligence company with teams in Wilmington, DE and Philadelphia PA. They have a depth and experience across multiple industries, covering a wide range of solutions and domains. It is privately held, operating in Information Technology.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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