HYDERABAD: Hyderabad-based serial entrepreneur G Srinubabu has acquired Canadian health informatics firm Pulsus for an undisclosed amount.
“This is a 100 percent acquisition through a combination of cash and equity,” said Srinubabu, who will now lead Pulses as CEO.
Following the acquisition the company will open centres in Chennai and Gurgaon. “Pulsus initially focused on American region and it is focusing on expansion across globe right now. It is committed to building the domestic scientific and medical informatics market. We will focus on leveraging the strengths of it acquired through more than three decades experience in health informatics sector globally for expanding operations in India,” said Srinubabu.
“Cities like Chennai and Gurgaon have become increasingly important as centres for science and research, with R&D facilities in both industry and educational institutions increasing. We will work with them and aim to become authentic healthcare informatics source for corporates, research institutes, educational institutions and others. We’ll increase the team strength to 2,000 and launch our new centre in Gurgaon by early next year,” Srinubabu added.
Srinubabu is the founder of Omics International, a leading open access journal.