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Stock Market & Financial Investment News

News Breaks
August 14, 2013
10:06 EDTROPRoper Industries unit awarded $30M contract
After a competitive bid process, TransCore, a unit of Roper Industries, was awarded a $30M, three-year base term contract with multiple extension options to update and expand the Delaware Division of Motor Vehicles and E-ZPass Customer Service Centers. The system will be installed in parallel with the existing service center operations while relocating to a new DMV facility in downtown Dover. Project completion is expected by 1Q14.
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August 27, 2014
09:26 EDTROPCressey & Company, Level Equity sell Strategic Healthcare Programs to Roper
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August 26, 2014
16:34 EDTROPRoper Industries announces two medical acquisitions
Roper Industries announced that it has acquired Strategic Healthcare Programs, or SHP, and Innovative Product Achievements, or IPA. Both companies will become part of Roper's Medical and Scientific Imaging segment. SHP, headquartered in Santa Barbara, CA, is a leading provider of software and informatics solutions to the post-acute healthcare market. IPA, headquartered in Suwanee, GA, is the leading manufacturer of automated surgical scrub dispensing equipment for acute care hospitals and other healthcare providers. Including the previously announced Foodlink software acquisition, Roper has invested $303M in acquisitions during Q3. The company expects the acquisitions to be accretive to 2015 earnings.

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