Rancho Cordova, California-based 3Net Systems Inc, the developer of local network-based laboratory automation systems for hospitals that ran out of money last year and almost folded, has signed an agreement to create a strategic alliance with Electronic Data Systems Corp, which will provide product development and other support to 3Net and will co-operate in the licensing and distribution of some 3Net products; 3Net will pay the company warrants to buy up to 2.652m new shares, or about 9.9% of 3Net’s enlarged equity if fully exercised; the products being discussed are 3Net’s Laboratory Information Systems, Accelerator, Automated Time Keeping System and Universal Scheduler software, and Electronic Data will help upgrade some of them.
Content from our partners
