Abbott finalizes Starlims deal

LIBERTYVILLE TOWNSHIP - Abbott announced Monday that it completed its $123 million acquisition of Starlims Technologies Ltd., a laboratory information management systems firm. The acquisition provides Abbott with products and expertise to build its position in laboratory informatics, an emerging and rapidly growing field focused on helping to manage the increasing amount of data generated in laboratories. Starlim's Web-based software applications help laboratories efficiently store, retrieve and analyze data and are designed for a wide variety of laboratory environments operating across a number of scientific, industrial and clinical disciplines.