Accruent, a provider of physical resource management solutions, has acquired California-based Connectiv, enhancing Accruent’s ability to meet the needs of clients in healthcare. This marks Accruent’s seventh company acquisition in the past twenty-four months to help clients have control and visibility across asset management solutions. Financial details of the acquisition were not disclosed.
Connectiv is a rapidly-growing cloud-based, mobile-enabled software company that allows biomedical and clinical engineering groups to manage and control all aspects of their medical devices and equipment. Connectiv software helps healthcare organizations fulfill their mission by mitigating risk, ensuring 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,” said John Borgerding, CEO, Accruent. “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 hospitals and clinical providers looking for the user-friendliness and control of a master IT platform, Connectiv leverages the proven reliability of the widely adopted Now Platform™ from ServiceNow, Inc., enabling more powerful automated management across clinical applications and medical assets.