Good morning all,

Nothing of particular note for me today so I will just mention this announcement:
http://www.investegate.co.uk/craneware-plc--crw-/rns/board-appointment-and-acquisition/201408280700571793Q/

appointment of new Non-executive Director and acquisition of Kestros Limited

Craneware has acquired the assets and intellectual property of an emerging Scottish technology company, Kestros Limited for a maximum consideration of £1.25 million. The acquisition will provide Craneware with a technology platform in the high growth Patient Access market, addressing the growing level of consumerisation within Healthcare.

this sounds very much like what EMIS (LON:EMIS) have done to such great effect. Mentions of 'growing level of consumerisation within Healthcare' also reminds me of Cloudbuy (LON:CBUY) and how they are partnering with councils to deliver a kind of 'shopping for care' facility.

Craneware will provide the funding for further development of the technology from its current use in a select number of NHS Trusts to broader use in the Healthcare market, integrating with Craneware's existing Medical Necessity technology within its Patient Access product family.

Craneware will acquire Kestros and all related assets for a maximum of £1,250,000


there is no mention of Kestros' recent sales or profits. There should be. Perhaps someone will be along in a bit and tell us.

Craneware (LON:CRW) is one of AIM's most successful companies. Sales have risen from $18.7m in 2008 to $41.5m in 2013. In that time, net profits rose from $3.3m to $8.3m and dividends from 5cents per share to 18cents per share.

Great day to all,

David O'Hara
Editor, AIM Prospector

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