Tech Company M&A Transactions
Proxsys Acquisition
Proxsys, based in Birmingham, was purchased by athenahealth. The transaction price was $36 million.
Transaction Overview
Company Name
Acquired By
Announced On
7/21/2011
Transaction Type
M&A
Amount
$36,000,000
M&A Terms
The acquisition will be paid for with $28 million in upfront cash plus up to $8 million in potential milestone payments.
Company Information
Company Status
Acquired or Merged
Industry
Software
Mailing Address
1500 Urban Center Drive 500
Birmingham, AL 35242
USA
Birmingham, AL 35242
USA
Phone
Website
Email Address
Overview
Proxsys provides a well-trained, knowledgeable staff coupled with its own proprietary software and information technology infrastructure to streamline the input, transfer and storage of patient information.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Financial Officer
Jerry Smith
Chief Operating Officer
Karen Chambers
President
George Salem
VP - Operations
Katherine Thomas
VP - Product Management
Adam Hyche
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