Supports the company strategy of growth through acquisition of consulting companies in selected high-growth markets
First Line Software, a leading provider of custom software development and technology enablement services, announced today the acquisition of Solaris Development, a custom software solutions consultancy specializing in Healthcare.
First Line Software focuses on using its multi-industry expertise and knowledge of technology stack categories in partnership with industry-specific IT services companies and consultancies. Together they design and build innovative digitalization solutions to fast-track customers for growth and equip them to effectively compete in their markets.
With the acquisition of Solaris Development, Inc., First Line Software is executing on its business strategy to accelerate growth by acquiring select IT consulting and software engineering companies with a solid reputation for solving IT and challenges within their market niches. Healthcare IT is one of the fastest growing markets in IT Services and represents tremendous opportunity for First Line to extend its footprint across the U.S.
Since 2003, Solaris Development, Inc. has been delivering in- and out-patient software solutions such as EMR (Electronic Medical Records), eMar (Electronic Medical Administration Records), CPOE and POE (Chemotherapy Provider Order Entry), and more to leading healthcare organizations including Partners Healthcare, Boston Children’s Hospital, MGH, Brigham&Womens, and many others. The company utilizes its significant experience with Health Level 7 (HL7) standards and deep knowledge of HIPAA to ensure strict adherence to HL7 and HIPAA requirements when designing solutions for their customers.
Operating Solaris business under the First Line umbrella represents a combined depth of expertise in the Healthcare IT industry and software engineering capabilities. Customers will benefit from business analysis and system architecture design provided by healthcare domain experts and subsequent delivery of a robust and high quality software solution by the exceptional development team.
Both firms embrace Agile as a key methodology for providing flexibility in the planning and development process, which ultimately allows for delivery of the most valuable end result. Whether it’s a Healthcare IT project or a digitalization initiative, by applying agile methodologies First Line customers are able to respond quickly to changing market conditions and capitalize on new opportunities. “We’re excited about the possibilities represented by this acquisition,” said First Line President and CEO, Nick Puntikov. “First Line will map our software engineering strengths to Solaris’s vertical industry expertise in healthcare, and together, offer more powerful solutions to our clients.”
Solaris Development CEO and President Barak Tsivkin had this to say: “Through this acquisition we’ll be part of a larger organization and can tap into the expertise and innovative spirit of the First Line engineering team to offer our clients increased capabilities and the ability to digitalize their businesses.”
Barak Tsivkin brings over 20 years of experience in healthcare software solutions and enterprise software. From its inception in 2003, he has led Solaris Development Inc. to become one of the leading providers of Healthcare Contract Software Development in the Boston Area. Barak Tsivkin will stay on with Solaris to focus on further expanding its market position in Healthcare IT.
Solaris Development, Inc. is a leading provider of healthcare contract software development and consulting services in the Boston Area. Headquartered in Newton, MA, the company consults the forward-thinking healthcare organizations across the region and delivers custom software solutions for clients such as Partners Healthcare, Boston Children’s Hospital, MGH, Brigham&Womens, NYU, and others.
About First Line Software
First Line Software is a premier provider of custom software development, technology enablement services and value-add consulting in big data engineering, industrial Internet and IoT, digital media and marketing, and enterprise content management. Headquartered in the US, First Line employs 350 staff globally. First Line team and company culture is centered around subject matter expertise, technical excellence, consulting capabilities and proven methodologies, with a strong focus on Agile and Intellectual Integration.
The company has been recognized with multiple annual rankings and awards by the International Association of Outsourcing Professionals (IAOP), Global Services, and Scrum, Inc. First Line Software is also an active member in Object Management Group and Industrial Internet Consortium.
First Line has global clients across North America, Europe and Australia, including Accenture, Bonnier Group, Clinic to Cloud, Dell Software, InnerWorkings, Odysseus Data Services, Solita, Viastore, and others.