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Updated: June 3, 2021

IDEXX acquires New Zealand-based veterinary software provider

IDEXX building exterior File photo IDEXX Laboratories Inc., whose Westbrook headquarters are shown here, has a global footprint.

IDEXX Laboratories Inc. (Nasdaq: IDXX), a Westbrook-based provider of veterinary diagnostics and software, on Wednesday announced the acquisition of ezyVet, which provides software to help vets manage their practices. Terms were not disclosed.

The acquisition of the Auckland, New Zealand-based company includes its Vet Radar real-time workflow tool. A spokesperson for IDEXX told Mainebiz that as of Wednesday, both ezyVet and Vet Radar had been merged into one group within IDEXX, and that the acquisition has been completed.

ezyVet, founded by in 2006 by CEO Hadleigh Bognuda, offers cloud-based solutions "jam-packed with tools and features" to help veterinary practices save time and expand their business. The site shows that more than 2,000 hospitals use ezyVet, which employs more than 180 people worldwide.

In Wednesday's announcement, IDEXX said the acquisition expands its world-class cloud software offerings that support customers with technology solutions that raise the standard of care for patients, improve practice efficiency, and enable more effective communication with pet owners. 

Photo of Jay Mazelsky, IDEXX president and CEO
Courtesy / IDEXX Laboratories Inc.
IDEXX President and CEO Jay Mazelsky

“ezyVet is a truly impressive cloud-native software solution that continues to transform the industry and the software experience for veterinary practitioners," Jay Mazelsky, IDEXX president and CEO, said in a news release. "Their growth has been very strong, but the true testament to what they’ve created is their industry-leading customer satisfaction."

He also said that IDEXX admires how ezyVet allows veterinarians to focus on what matters most, namely caring for patients and growing their business, adding, "We are pleased to welcome ezyVet to the IDEXX family and look forward to bringing this platform into the IDEXX customer community.”

Bognuda added, “We are thrilled to pair our industry-leading technology with IDEXX’s scale and commitment to innovation.”  

The news comes about a month after IDEXX posted first-quarter results that surpassed market forecasts and raised its 2021 outlook to reflect expectations for higher organic revenue growth and better operating margins.

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