Perot Systems Corp. of Plano, Texas, will acquire JJWild in an $89 million deal to enhance the company's Meditech Healthcare Information System service offerings.
The deal, subject to certain adjustments and offsets, will position Perot's Meditech Solution Center as a market leader, company officials said. All JJWild employees will join Perot, and the addition of those application consultants and technology specialists will allow the company to broaden its services from technology design and implementation to hosting and support of Meditech applications. Meditech of Westwood, Mass., provides integrated software solutions that aim to improve quality of care. JJWild leverages the Meditech system in healthcare facilities through information technology solutions and consulting.
"JJWild's position in the healthcare market deepens our expertise with the clinical and financial information system used by more than 2,000 hospitals in the U.S., Canada and other international markets," said Peter Altabef, chief executive officer of Perot.
Perot expects the Canton, Mass.-based company to report 2007 revenue between $80 million and $90 million, of which $30 million will be consolidated over the rest of the year, including $8 million for the third quarter. Because of the acquisition, earnings per share will be slightly dilutive to full year 2007.
Perot reported $2.3 billion in 2006 revenue and has more than 23,000 associates across Asia, North America and Europe.