Tuesday, August 10, 2010
Aspyra Acquired By Orion Healthcare Ventures
Westlake Village-based Aspyra said Monday that it has been acquired by Orion Healthcare Ventures LLC. The firm, which develops healthcare information technology products, did not disclose financial details of the acquisition. Orion Healthcare Ventures is an investment firm focused on healthcare IT ventures. The firms claimed that Asprya had "positive cash flow" in 2010, but did not otherwise provide any financial information. Aspyra said it will continue to operate under the same name.