Global investment firm Francisco Partners announced today that it has agreed to acquire Abbott’s STARLIMS informatics product suite for an undisclosed amount.
Companies in the life sciences, pharma and biotech, chemical and refining, food and beverage, manufacturing, environmental, public health and forensics sectors have used the STARLIMS suite of products for more than 35 years.
The software helps organizations to manage the collection, processing, storage, retrieval and analysis of information generated in laboratories. It’s meant to improve quality and safety throughout the entire product lifecycle, starting with R&D.
The software boasts 1,100 customers across 60 countries.
“The STARLIMS technology is a leader in data and workflow management for laboratories across the globe. With the constantly changing landscape of quality manufacturing coupled with substantial industry tailwinds, we believe the business is well positioned for continued growth as it supports its customers through the entire product lifecycle from R&D and trials through manufacturing and compliance,” Ezra Perlman, co-president of Francisco Partners (San Francisco) said in a news release. “We are excited to support STARLIMS in its next phase of growth, and we look forward to helping the business further evolve its innovative product suite to meet the needs of its customers while maintaining its industry-leading safety and compliance standards.”