Sarasota cardiac monitoring company grows reach with acquisition

A Sarasota company specializing in cardiac remote monitoring has acquired a management system for patients’ cardiac device data. PaceMate acquired Paceart Optima, which was owned by Minnesota-based Medtronic. The financial terms of the Aug. 26 deal were not disclosed.

PaceMate provides cardiac data management and remote monitoring through a cloud solution, according to PaceMate CEO Tripp Higgins. He says PaceMate requires neither hardware installation nor maintenance.

On the other hand, “Paceart is an on premise solution (servers/hardware),” Higgins tells the Business Observer.