M&A October 18, 2019 12:51:04 pm

Canadian software company buys Broomfield’s Axion Health

BROOMFIELD and TORONTO — Canadian firm Cority Software Inc. has purchased Axion Health Inc. in Broomfield.

In a press release issued Thursday, the Toronto producer of software said it acquired Axion as part of its employee-health division. The deal’s price was not disclosed.

Axion produces software for hospitals to monitor workplace injuries and manage health-code compliance. Cority makes health and code compliance software for a wider swath of industries.

Cority declined an interview request with BizWest Thursday morning, but CEO Mark Wallace said in a statement that the company is excited to join the state’s…

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Christopher Wood

Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.