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Starlims

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STARLIMS Corporation
FormerlyAbbott Informatics (2014–2021)
Company typePrivate
IndustrySoftware, IT
Founded1986; 38 years ago (1986)
Founders
  • Itschak Friedman
  • Dinu Toiba
Headquarters
Hollywood, Florida
,
U.S.
OwnerFrancisco Partners
Websitewww.starlims.com

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

History

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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]

References

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  1. ^ a b Zalik, Nir (16 December 2009). "Abbott Buying STARLIMS Corp". Haaretz. Archived from the original on 5 January 2018. Retrieved 29 May 2017.
  2. ^ Gavison, Yoram (8 April 2005). "LIMS Boasts String of Major Contracts". Haaretz. Archived from the original on 5 January 2018. Retrieved 29 May 2017.
  3. ^ Gelsi, Steve (May 4, 2007). "Starlims Tech files $37 mln IPO". MarketWatch.com. Archived from the original on August 13, 2023. Retrieved November 20, 2008.
  4. ^ a b Elaine, Meyer (December 15, 2009). "Abbott To Buy STARLIMS In $123M Cash Deal - Law360". Law360. Archived from the original on January 4, 2018. Retrieved May 29, 2017.
  5. ^ "Abbott Informatics Europe Limited - Filing history". Companies House. Archived from the original on 4 January 2018. Retrieved 29 May 2017.
  6. ^ "Change of Name notice". Florida Department of State Corporations Division. 30 May 2014. Archived from the original on 4 January 2018. Retrieved 29 May 2017.
  7. ^ Weitzman, Aaron (March 9, 2023). "State of play: Lab informatics". Axios. Archived from the original on March 30, 2023. Retrieved May 1, 2023.
  8. ^ FinSMEs (2023-08-25). "Starlims Acquires Labstep". FinSMEs. Retrieved 2023-08-25.
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