Smartronix acquires health IT company
The acquisition of Cogon Systems of Pensacola, Fla., adds a virtual health network platform to Smartronix's offerings.
In a move to expand its health care business, Smartronix Inc. of Hollywood, Md., has acquired Cogon Systems Inc., a provider of health information technology. Terms were not disclosed
The acquisition will operate as Cogon Systems LLC and will be a wholly owned subsidiary of Smartronix led by Cogon’s current chief executive, Dr. Huy Nguyen.
Cogon, based in Pensacola, Fla., has developed the virtual health network platform for health information sharing that is used by the Defense Department and commercial hospitals, according to a news release.
The technology was a major reason Smartronix bought Cogon, the company said.
"The addition of Cogon, its visionary leadership, and its intellectual property are a great complement to Smartronix' growing health information technology business," said Smartronix Chief Executive Officer John Parris, in a written statement.