Fortive to acquire provation, a leading healthcare workflow software provider

Everett, wash.--(business wire)--fortive corporation ("fortive") (nyse: ftv) announced today that it has entered into a definitive agreement with clearlake capital group, l.p. to acquire provation software, inc. (“provation”), a leading provider of clinical workflow software solutions used in hospitals and ascs, for $1.425 billion. the acquisition is subject to customary closing conditions and regulatory approvals and is expected to close by the end of the year. founded in 1994, provation deliv
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