Deloitte acquires Recombinant Data Corp. of Newton

Written By Unknown on Selasa, 30 Oktober 2012 | 00.24

Recombinant Data Corp., a Newton-based provider of health-care information technology solutions for clinical and research data management and analytics, said today it has been acquired by Deloitte LLP.

Financial terms of the acquisition were not disclosed.

"Joining forces with Recombinant represents a bold move around innovation that will open new horizons for Deloitte in the life sciences and health-care sectors," said Andrew Vaz, principal and chief innovation officer at Deloitte. "It will extend the Deloitte brand into hybrid business models in which world-class services are combined with advanced intellectual property assets."

Recombinant said it helps academic medical centers, federal agencies and life sciences companies conduct translational research and analyze phenomic, genomic and bio banking data in evidence-based medicine.

A spokesman for Recombinant said the company, which has 89 employees who have all been offered positions with Deloitte, was founded seven years ago and has seen revenue growth double each of the last five years.

Deloitte reported $13 billion in revenue during its last fiscal year.


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