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Corporation
HEALTHCARE | Medical Devices & Equipment / Patient Monitoring
centrak.com

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Founded Year

2007

Stage

Acquired | Acquired

Total Raised

$830K

Valuation

$0000 

About Centrak

CenTrak empowers healthcare leaders with actionable data to increase productivity, reduce operating costs, and transform patient care via market-leading locating and sensing IoT solutions.

Centrak Headquarter Location

826 Newtown Yardley Rd

Newtown, Pennsylvania, 18940,

United States

215-860-2928

Latest Centrak News

Halma Plc acquires Infinite Leap for up to $47 million

Nov 19, 2021

NewsnReleases   Halma Plc acquires Infinite Leap for up to $47 million November 19, 2021 LONDON, UK: Halma Plc , the global group of life-saving technology companies, has acquired Infinite Leap Inc. for its Medical sector business, CenTrak, which provides real-time location services for healthcare facilities. Infinite Leap is a healthcare consulting and services provider for real-time location technologies, based in Fargo, North Dakota, USA, which is also developing unique new hardware and software solutions for applications adjacent to CenTrak’s core market. The initial cash consideration is US$30m, on a cash and debt free basis, which will be funded from Halma’s existing facilities. Additional earn-out considerations are payable in cash, based on growth targets in each of the two financial years to 30 September 2023, up to an aggregate maximum of US$17m. Infinite Leap’s unaudited revenue for the 12 months to 31 March 2021 was US$6.8m. Andrew Williams, Group Chief Executive of Halma Plc, commented: “Infinite Leap is an exciting acquisition that will enhance CenTrak’s capabilities as an end-to-end enterprise solutions provider for healthcare organisations. It will enable CenTrak to broaden its services, solutions and technologies to support the growing needs of healthcare providers, particularly larger organisations with networks of healthcare facilities, in the post-pandemic world.” Infinite Leap, based in Fargo, North Dakota, USA, is a healthcare consulting and services provider for real-time location technologies. The company delivers industry leading patient and staff workflow software as well as end-to-end services – from solution design and business planning to deployment, training, 24/7 support, and managed services. www.infiniteleap.net

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Expert Collections containing Centrak

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Centrak is included in 2 Expert Collections, including Conference Exhibitors.

C

Conference Exhibitors

5,302 items

M

Medical Devices

7,884 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

Centrak Patents

Centrak has filed 31 patents.

The 3 most popular patent topics include:

  • Wireless locating
  • Wireless networking
  • Geolocation
patents chart

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Grant Date

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Related Topics

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3/10/2020

6/22/2021

Wireless networking, Wireless locating, Geolocation, Tracking, Surveillance

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3/10/2020

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6/22/2021

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Wireless networking, Wireless locating, Geolocation, Tracking, Surveillance

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Status

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