Vocera Acquires mVisum
Vocera announced this morning that it has acquired mVisum, which sells hospital patient alarm management software, for $3.5 million in cash.
According to Vocera President and CEO Brent Lang,
”The acquisition of mVisum is another step in our strategic roadmap to solve one of healthcare’s biggest challenges: communication. Communication breakdowns caused by alarm fatigue have become a top patient safety concern and a regulatory priority. mVisum’s alarm management technology instantly delivers data to clinical decision makers and complements our secure, mobile communication solutions to help improve patient care, safety and satisfaction."
mVisum’s closed loop Alert Alarm Management System has earned FDA’s 510(k) clearance. The company settled a patent lawsuit brought against it by AirStrip in April 2013 by agreeing not to stream or display real-time patient physiologic information on mobile devices.
There's a typo in your Oracle headline where it says "debilitating wave of layoffs."