Starlims Explained

STARLIMS Corporation
Former Name:Abbott Informatics (2014–2021)
Type:Private
Industry:Software, IT
Owner:Francisco Partners
Location City:Hollywood, Florida
Location Country:U.S.

STARLIMS Corporation (STARLIMS) is a portfolio company of Francisco Partners that provides web-based laboratory information management systems.

History

The company was founded by Itschak Friedman and Dinu Toiba in Israel in 1986, and developed and sold LIMS software. The company was renamed to STARLIMS.[1] By 2005, the company's software was installed at the US Centers for Disease Control and Prevention and in systems of state health authorities in 12 US states.[2] The company held its IPO in the US in 2007.[3] Friedman was CEO until the company was acquired by Abbott Laboratories in 2009 for $123 million; at that time the company had 160 employees and most of its operations and sales were in the US, the UK, and Hong Kong.[1] By the time of the sale, STARLIMS was offered as a web application.[4] Abbott intended to fold STARLIMS' products offerings into its other health information technology businesses in an effort to improve its clinical diagnostics business.[4] In 2014, Abbott changed the subsidiary's name from STARLIMS to Abbott Informatics.[5] [6] In July 2021 Abbott sold STARLIMS to Francisco Partners.[7]

In August 2023, it was announced STARLIMS had acquired the London-based R&D Electronic Laboratory Notebook (ELN) platform, Labstep for an undisclosed amount.[8]

Notes and References

  1. News: Zalik. Nir. Abbott Buying STARLIMS Corp. Haaretz. 16 December 2009. en. 29 May 2017. 5 January 2018. https://web.archive.org/web/20180105011424/https://www.haaretz.com/print-edition/business/abbott-buying-starlims-corp-1.2026. live.
  2. News: Gavison. Yoram. LIMS Boasts String of Major Contracts. Haaretz. 8 April 2005. en. 29 May 2017. 5 January 2018. https://web.archive.org/web/20180105013017/https://www.haaretz.com/print-edition/business/lims-boasts-string-of-major-contracts-1.155465. live.
  3. News: Starlims Tech files $37 mln IPO. Gelsi. Steve. May 4, 2007. MarketWatch.com. November 20, 2008. August 13, 2023. https://web.archive.org/web/20230813201603/https://www.marketwatch.com/story/starlims-tech-files-37-mln-ipo. live.
  4. News: Elaine. Meyer. Abbott To Buy STARLIMS In $123M Cash Deal - Law360. Law360. December 15, 2009. en. May 29, 2017. January 4, 2018. https://web.archive.org/web/20180104132528/https://www.law360.com/articles/139401/abbott-to-buy-starlims-in-123m-cash-deal. live.
  5. Web site: Abbott Informatics Europe Limited - Filing history. Companies House. 29 May 2017. en. 4 January 2018. https://web.archive.org/web/20180104073609/https://beta.companieshouse.gov.uk/company/03422264/filing-history. live.
  6. Web site: Change of Name notice. Florida Department of State Corporations Division. 29 May 2017. 30 May 2014. 4 January 2018. https://web.archive.org/web/20180104083406/http://search.sunbiz.org/Inquiry/CorporationSearch/ConvertTiffToPDF?storagePath=COR%5C2014%5C0604%5C00126887.Tif&documentNumber=S15157. live.
  7. News: Weitzman . Aaron . March 9, 2023 . State of play: Lab informatics . . May 1, 2023 . March 30, 2023 . https://web.archive.org/web/20230330013655/https://www.axios.com/pro/health-tech-deals/2023/03/09/state-of-play-lab-informatics . live .
  8. Web site: FinSMEs . 2023-08-25 . Starlims Acquires Labstep . 2023-08-25 . FinSMEs . en-US.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Starlims".

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