Dell to Acquire Medical Cloud Storage Firm Insight One

Dell DX object storage platform, the foundation of Dell Unified Clinical Archive

(WEB HOST INDUSTRY REVIEW) — Dell (www.dell.com) announced on Wednesday it will acquire cloud storage firm InSite One (www.insiteone.com), a company that develops medical archiving cloud application for physicians to easily share medical images online for diagnostic purposes.

The move comes a couple of weeks after Dell purchased cloud storage firm Compellent Technologies for about $960 million.

Harris Williams & Co. is acting as the exclusive advisor to InSite One. The financial terms of the agreement have not been disclosed.

InSite One offers vendor-neutral enterprise archive and on-premise and offsite cloud storage services.

The company’s secure, scalable cloud infrastructure supports all PACS, data sources and modalities.

InSite One currently manages over 55 million clinical studies, 3.6 billion medical images and supports more than 400 healthcare organizations and has become the archiving platform for the diagnostic imaging industry.

Companies are increasingly switching over to the cloud to store medical data, as in the case of recent partnerships involving IBM and Verizon.

This is further supported by a recent Datapipe report on cloud computing trends in 2011 which states that many major players from different industry sectors will migrate major internal and external IT systems to the cloud.

“As the first company to bring cloud technology to the medical archive space, InSite One will help Dell’s health care customers take advantage of the economics and scalability of the cloud for medical archiving and retention,” says Berk Smith, vice president of Dell healthcare and life sciences services. “And looking beyond archiving, the cloud will also be a valuable tool for information exchange, which is foundational to the transformation of health care.”

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