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Medical technology company CareFusion Corp. has signed a deal to acquire a Seattle-based software and consulting company that helps hospital pharmacies better manage their inventory and lower their costs.
San Diego-based CareFusion - the fifth-largest publicly held company in San Diego County based on market capitalization - said it will purchase PHACTS LLC for an undisclosed price and roll the company into its core Pyxis dispensing technologies portfolio.
This marks the third acquisition in less than a year for the dispensing technologies business unit.
In August, CareFusion closed on its $150 million purchase of Rowa, a Germany-based company specializing in robotic medication storage and retrieval systems for retail and hospital pharmacies.
"We continue to make progress in optimizing our product portfolio and expanding our geographical footprint," Kieran Gallahue, chairman and CEO, said in a statement earlier this year, referencing the Rowa deal.
And in spring of 2011, CareFusion spent about $20 million to acquire Vestara, an Irvine-based company that makes an "eco-station" for...