Accruent, an Austin-based provider of physical resource management technologies, has acquired Solana Beach, Calif.-based Connectiv, a cloud-based, mobile-enabled software company that allows biomedical and clinical engineering groups to manage their medical devices and equipment.
Connectiv software helps healthcare organizations fulfill their mission by mitigating risk, promoting regulatory compliance and maximizing utilization. Connectiv is a ServiceNow Technology Partner automating the management of medical applications, devices and facilities.
“With 67% of medical device manufacturers and 56% of healthcare providers believing an attack on their devices is likely to occur within a year, we saw the urgency to provide a solution for managing biomedical assets,” says Accruent CEO John Borgerding.
“We are acquiring Connectiv because their software, co-created with clinical engineers in national healthcare organizations, enables management of medical devices across the lifecycle, including automatic security monitoring that identifies threats in minutes. Connectiv’s biomedical asset management solution has the feature set and the flexibility to address changing healthcare needs, new technologies and regulatory demands.”
With medical entities looking for the control of a master IT platform, Connectiv leverages the Now Platform from ServiceNow, Inc., enabling more automated management across clinical applications and medical assets.
“Healthcare IT adoption is growing at a rapid rate across our platform,” says Avanish Sahai, global vice president, ISV, industry and technology alliances, ServiceNow. “Working together, Accruent and Connectiv will bring new ways to manage healthcare assets to clients.”
Rob Woodbyrne, CEO of Connectiv, also spoke out about the acquisition, commenting: “…We’ve built our business and platform to meet the underserved needs of healthcare clinical engineers. Now, as part of the global Accruent team, we’re primed to build on a well-established base to achieve rapid global expansion.”