Brainware, an Ashburn, Va.-based maker of data-capture software for hospitals including the Cleveland Clinic and Baylor Health Care System in Dallas, has been acquired by Lexmark International, Lexington, Ky.
Brainware will operate within Lexmark's Perceptive Software stand-alone business unit, which among other services develops document imaging software. Brainware CEO Carl Mergele will report to Scott Coons, Perceptive's president and CEO and a Lexmark vice president.
"With the acquisition of Brainware, Lexmark is further strengthening and differentiating our industry-leading managed print services offerings and our end-to-end business process solutions," said Paul Rooke, Lexmark's chairman and CEO, in a news release. "Brainware's innovative intelligent data-capture technology will be attractive to our customers across the globe."
The deal is part of a $148 million transaction in which Lexmark bought Luxembourg-based BDGB Enterprise, which counts Brainware as its U.S. subsidiary. Brainware clients outside of healthcare include Philip Morris International and Continental Airlines.
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