Technology that identifies health care patients by reading the veins in the palm of their hands has paid off big for a Tampa biometrics company.
HT Systems of Tampa was acquired by Imprivata (NYSE: IMPR), a Lexington, Mass.-based firm, for $19 million in cash, although the deal value could rise as high as $26 million, based on achieving sales targets and retention over the next two years, a statement said.
Company commits to advancing interoperability by enabling frictionless, secure access to devices, applications, and medical records for patients and providers
Company evaluated based on its ability to execute and completeness of vision
Lexington, Mass.—June 24, 2014—Imprivata® (NYSE: IMPR) today announced the pricing of its initial public offering of 5,000,000 shares of common stock at a price to the public of $15.00 per share. The shares are expected to begin trading on the New York Stock Exchange under the symbol “IMPR” on June 25, 2014. In addition, Imprivata has granted the underwriters a 30-day option to purchase up to 750,000 additional shares of common stock from Imprivata at the initial public offering price to cover over-allotments, if any.