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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

PRESS RELEASE: CompuGroup Medical acquires VISUS Health IT

06/01/2021 | 09:18am EST
DGAP-News: CompuGroup Medical SE & Co. KGaA / Key word(s): Mergers & Acquisitions 
CompuGroup Medical acquires VISUS Health IT 
2021-06-01 / 15:16 
The issuer is solely responsible for the content of this announcement. 
  . Acquisition of VISUS Health IT GmbH, a leader in Picture Archiving and Communication Systems (PACS) 
  . CompuGroup Medical (CGM) complementing portfolio and building an attractive platform for future growth 
  . Supplementing CGM's portfolio with Vendor Neutral Archive 
  . Both CGM and VISUS customers will benefit from the transaction 
Koblenz. CompuGroup Medical SE & Co. KGaA (CGM), one of the leading e-health companies in the world, acquired VISUS 
Health IT GmbH (VISUS), one of the leading providers for Picture Archiving and Communication Systems (PACS) and 
Healthcare Content Management in Germany. 
VISUS's key products are JiveX Enterprise PACS, a leading PACS for hospitals and outpatient facilities, JiveX 
Healthcare Content Management, a cutting-edge vendor neutral archive solution for medical data, and JiveX Healthcare 
Connect with focus on communicating medical data. As a result of the acquisition, CompuGroup Medical is complementing 
its portfolio with a well-established and multiple award-winning product suite. For 2020, revenues were amounted to 
approximately EUR 18.5 million with an adjusted EBITDA of approximately EUR 2.8 
"VISUS complements our existing portfolio of products perfectly and we see a lot of opportunities to integrate these 
solutions with our successful ambulatory and hospital information systems," emphasized Dr. Dirk Wössner, CEO of 
CompuGroup Medical SE & Co. KGaA. "We are confident that both, existing CGM and VISUS customers, will benefit from this 
transaction, facilitating the provision of structured medical data at the right place and time and usable by anyone who 
needs it. VISUS solutions are a key contributor of medical information with the special focus on medical images." 
"With this acquisition, we will gain an additional, highly attractive business area, which is very important for most 
of our customers, and we will significantly increase our installed customer base particularly in the German hospital 
market. At the same time, we will benefit from a great amount of know-how and expert knowledge from our new colleagues. 
We are acquiring innovative and strongly growing products here, which have recently been repeatedly honored with 
several highly prestigious 'Best in KLAS-Awards'," said Hannes Reichl, Managing Director Inpatient and Social Care at 
"We are convinced that with this merger we will continue the success story of VISUS for our team and our customers in 
the long term. With CGM, we also have the potential to further expand our existing partner network internationally," 
said Klaus Kleber, Co-Founder of VISUS. Jörg Holstein, likewise Co-Founder of VISUS, added, "We have been partners with 
CGM for many years and have implemented many successful projects together. We are pleased to become part of the CGM 
family while maintaining the VISUS identity. CGM is exactly the right partner for us as a global player with home and 
heart in Germany." 
VISUS's customer base today consists of more than 1.500 facilities inpatient as well as outpatient. Today, more than 
1.6 million professional users, including doctors, dentists, pharmacies and other health professionals in outpatient 
and inpatient healthcare facilities trust CompuGroup Medical. 
About CompuGroup Medical SE & Co. KGaA 
CompuGroup Medical is one of the leading e-health companies in the world. With a revenue base of EUR 837 million in 
2020, its software products are designed to support all medical and organizational activities in doctors' offices, 
pharmacies, laboratories and hospitals. Its information services for all parties involved in the healthcare system and 
its web-based personal health records contribute towards safer and more efficient healthcare. CompuGroup Medical's 
services are based on a unique customer base of more than 1.6 million users, including doctors, dentists, pharmacists 
and other healthcare professionals in inpatient and outpatient facilities. With locations in 18 countries and products 
in 56 countries worldwide, CompuGroup Medical is the e-health company with one of the highest coverages among 
healthcare professionals. Approximately 8,000 highly qualified employees support customers with innovative solutions 
for the steadily growing demands of the healthcare system. 
Contact for media representatives: 
Michael Franz 
Head of Brand Communication 
P +49 (0) 261 8000-6100 
F +49 (0) 261 8000-3100 
E-mail: press@cgm.com 
Contact for analysts and investors: 
Claudia Thomé 
Corporate Vice President Investor Relations 
P +49 (0) 261 8000-7030 
F +49 (0) 261 8000-3200 
E-mail: claudia.thome@cgm.com 
2021-06-01 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
Archive at www.dgap.de 
Language:     English 
Company:      CompuGroup Medical SE & Co. KGaA 
              Maria Trost 21 
              56070 Koblenz 
Phone:        +49 (0)261 8000 7030 
Fax:          +49 (0)261 8000 3200 
E-mail:       investor@cgm.com 
Internet:     www.cgm.com 
ISIN:         DE000A288904 
WKN:          A28890 
Indices:      MDAX, TecDAX 
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, 
              Hamburg, Munich, Stuttgart, Tradegate Exchange 
EQS News ID:  1203209 
End of News   DGAP News Service 

1203209 2021-06-01

Image link: 

(END) Dow Jones Newswires

June 01, 2021 09:17 ET (13:17 GMT)

Stocks mentioned in the article
ChangeLast1st jan.
COMPUGROUP MEDICAL SE & CO. KGAA -1.50% 65.75 Delayed Quote.-15.08%
DJ INDUSTRIAL -0.91% 34348.29 Delayed Quote.13.18%
MDAX -0.19% 33711.12 Delayed Quote.9.67%
TECDAX -0.38% 3759.02 Delayed Quote.17.44%
11/25CompuGroup Medical To Launch $42 Million Share Buyback
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11/25CompuGroup Medical SE & Co. KGaA adopts resolution on share buy-back program for up to ..
11/11COMPUGROUP MEDICAL : Gets a Buy rating from Berenberg
11/09COMPUGROUP MEDICAL : Baader Bank remains a Sell rating
11/08COMPUGROUP MEDICAL : Kepler Cheuvreux gives a Neutral rating
11/04CompuGroup Medical SE & Co. KGaA Reports Earnings Results for the Third Quarter and Nin..
11/04COMPUGROUP MEDICAL : Kepler Cheuvreux remains Neutral
11/04COMPUGROUP MEDICAL : Gets a Buy rating from Warburg Research
11/04COMPUGROUP MEDICAL : Baader Bank reaffirms its Sell rating
More news
Analyst Recommendations on COMPUGROUP MEDICAL SE & CO. KGAA
More recommendations
Sales 2021 1 022 M 1 157 M 1 157 M
Net income 2021 80,6 M 91,3 M 91,3 M
Net Debt 2021 512 M 580 M 580 M
P/E ratio 2021 44,3x
Yield 2021 0,85%
Capitalization 3 467 M 3 914 M 3 926 M
EV / Sales 2021 3,89x
EV / Sales 2022 3,61x
Nbr of Employees 8 079
Free-Float 48,8%
Duration : Period :
CompuGroup Medical SE & Co. KGaA Technical Analysis Chart | MarketScreener
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Technical analysis trends COMPUGROUP MEDICAL SE & CO. KGAA
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 10
Last Close Price 66,75 €
Average target price 84,80 €
Spread / Average Target 27,0%
EPS Revisions
Managers and Directors
Dirk W÷ssner Chairman-Management Board & CEO
Philipp von Ilberg Chairman-Supervisory Board
Frank Brecher Chief Technology Officer
Sven Thomas MŘller Vice Chairman & Chief Information Officer
Ulrike Handel Member-Supervisory Board
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