Wallace Wireless, a software developer who makes applications for mobile phones that serve businesses in their communications needs, was established in 2001 and has since developed several significant products for Blackberrys and other devices that specifically serve the medical industry.
The
WIC Pager, for example, allows Blackberry phones to replace the pagers so beloved by hospitals; it's database, forms and continuity products are also
niche targeted at healthcare-industry clients. So the news that US-based healthcare communications giant
Vocera has acquired Wallace Wireless makes intuitive sense. "Ineffective, incomplete and inaccurate communication is a daunting challenge for care givers striving to provide the highest possible care," says Vocera CEO Bob Zollars, noting that the acquisition of Wallace Wireless "strengthens our portfolio of products and services that analyze, eliminate or mitigate these communication failure points."
Rob Moffat, president of Wallace Wireless, meanwhile says that "Bringing our companies together creates enormous potential for improving the seamless delivery of alarms, alerts and pages." Moffat says, "We could not have selected a partner with a strategic vision that is better aligned with ours."
For the local Toronto business community, it is reassuring to hear
via Mike Middleton of Q1 Capital Partners, who brokered the deal, that Vocera intends to keep the Wallace management team in place here in Toronto, and to establish its office as the Canadian sales division of Vocera, suggesting that increased growth could be on the way for the office near Jarvis and Front.
Writer: Edward Keenan
Sources: Victoria Holl, Vocera Communications;
Mile Middleton, Q1 Capital Partners