Lawson expects to finalize its purchase of Apexion Technologies, a 20-person company in San Francisco, by November. Apexion, which is privately held, specializes in software that's designed to save hospitals money and reduce delayed and canceled surgeries by keeping close tabs on surgical instruments.
Lawson plans to retain most of Apexion's employees. It refused to disclose financial terms of the deal.
The acquisition "will support Lawson's growth strategy to enhance its vertical-market products by acquiring industry-specific technologies," the company said in a statement. In addition, it will help the St. Paul, Minn., company compete with rival business applications maker PeopleSoft, which also has a health care focus and a partnership with Apexion, Lawson said.
Apexion's software is designed to run on Microsoft's Windows CE operating system for handheld computers, expanding Lawson's wireless computing capabilities.
Lawson said it has more than 400 health care customers, including hospitals, clinics, academic medical centers, and physicians groups. The company makes financial accounting and human resources applications.