Imprivata, a Lexington, Mass.-based health IT security vendor, has acquired HT Systems, a Tampa, Fla.-based provider of palm-vein based biometric patient identification systems for approximately $19.1 million in cash at closing.

Marking its entry into the patient identification market, health IT security company Imprivata has acquired Tampa, Fla.-based HT Systems, which develops technology for palm-vein-based biometric patient ID.


Imprivata (NYSE: IMPR) is paying $19.1 million upfront to purchase HT Systems, a Tampa, FL-based maker of a device that can scan the veins in a person’s palms, which helps hospitals and clinics retrieve a patient’s medical records after identifying him or her. Imprivata will pay as much as $6.9 million in the future if the device retains a certain level of clients and hits sales goals.

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.

Lexington, Mass. — (BUSINESS WIRE) — May 4, 2015 — Imprivata^® (NYSE: IMPR), the healthcare IT security company, today announced financial results for the first quarter of fiscal 2015. Revenues for the first quarter of 2015 were $25.6 million, an increase of 32% from revenues of $19.4 million for the same period in 2014.

Lexington, Mass.-based Imprivata has acquired Tampa, Fla.-based HT Systems for $19 million in cash.

Imprivata is a health IT security company providing authentication and access management solutions for the healthcare industry. HT Systems provides biometric patient identification technology, such as its PatientSecure palm scanners that distinguish patients by analyzing the vein patterns in their hands.

Lexington, Mass.—May 6, 2015—Imprivata® (NYSE: IMPR), the healthcare IT security company, today announced that CTO David Ting will lead a discussion about the Internet of Things in healthcare, including the associated data security and user authentication challenges, during Citrix Synergy (May 12-14, 2015 in Orlando, Fla.). The session will focus on the benefits of creating a network of IP-connected computers, sensors, and devices in which care providers and patients can share information.

A leading company providing user authentication solutions in healthcare is taking a step into patient authentication applications through its acquisition of a provider of biometric patient identification technology.

Imprivata Inc., Lexington, Mass., has acquired Tampa, Fla.-based HT Systems, which develops and markets palm vein-based biometric patient identification systems.