New Buy for Platinum.Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. information technology company Platinum Equity Platinum Equity is an American information technology and private equity firm. It was founded by billionaire Tom Gores in 1995 and is headquartered in Beverly Hills, California. has acquired a voice products business from Lanier La·nier , Sidney 1842-1881. American writer and musician noted for his melodic poems, including "The Marshes of Glynn" (1878). His novel Tiger Lilies (1867) is based on his experiences as a Confederate soldier. Worldwide Inc. Financial details of the deal were not disclosed, but Platinum officials said they will create a new company, Lanier Healthcare, focusing on the sale, service, support and development of applications related to the technology of transferring speech to text processing. The company will have an employee base of 500, a customer base of 285,000 physicians and projected sales of $120 million for 2001, Platinum officials said. The late-year acquisition was Platinum's seventh of 2000 and Lanier Healthcare is the 18th company in the Platinum technology Platinum Technology Inc. was founded by Andrew Filipowski in 1987 to market and support deployment of Database Management software products and the applications enabled by database management technology and render related services. portfolio. In October, Platinum acquired three companies -- Billing Concepts, Aptis and Operator Service Co. |
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