RamSoft, a healthcare IT software and services company, has announced it has taken a majority stake in Meddiff Technologies, a medical imaging solutions company.
According to a statement, this acquisition will accelerate RamSoft’s product development by combining the product lines and expertise of Meddiff and RamSoft.
The company will add over 50 employees and a new office location in Bengaluru, India. RamSoft will continue to be headquartered in Toronto, Canada and the company’s management team will be led by President and CEO Vijay Ramanathan. Meddiff will continue to be led by Sanjeev and operate as usual.
“Our commitment to saving patient lives through universal access to imaging is what drives us as a company. We’re working to delivering universal access to imaging worldwide by creating innovative imaging solutions,” said Vijay Ramanathan, President and CEO of RamSoft.
“Meddiff and RamSoft are closely aligned in their missions and goals. As Meddiff develops leading imaging solutions at an accessible cost for global customers, it made sense to bring the two companies together to accelerate our goals of enabling universal access to imaging and patient data. Being the largest player in India in the field of PACS and teleradiology, we had an enormous responsibility of supporting patient care during these challenging times of Covid-19 – thanks to the resilience and commitment of our team, we discharged that responsibility pretty well,” said Sanjeev.
“We are dedicated to our customers’ success and will continue to enhance the support that we offer,” said Ramanathan. “We are also committed to investing in India. By expanding our team, we are able to create RamSoft’s Asia hub where we can transform healthcare in this region and across the world.”
Arya has been a part of the Content & Research Team at Hrnxt.com. She is a keen observer of economic developments, emerging businesses, people in business and keeps a tab on latest happenings in the business environment.