Francisco Partners to acquire STARLIMS from Abbott Laboratories.

Francisco Partners, a private equity firm, agreed to acquire STARLIMS, an Israeli-based provider of laboratory information management system software, from Abbott Laboratories, an American multinational medical devices and health care company. Financial terms were not disclosed. “The STARLIMS technology is a leader in data and workflow management for laboratories across the globe. With the constantly changing landscape of quality manufacturing coupled with substantial industry tailwinds, we believe the business is well positioned for continued growth as it supports its customers through the entire product lifecycle from R&D and trials through manufacturing and compliance,” Ezra Perlman, Francisco Partners Co-President.