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Box Goes After Health Care With MedXT Acquisition

The startup specializes in medical imaging.

Asa Mathat

Box, the IPO-bound cloud storage and collaboration company, said today it has reached a deal to acquire MedXT, a cloud software company that specializes in medical imagery.

Box CEO Aaron Levie announced the deal in a company blog post. Financial terms were not disclosed.

The move is part of the company’s Box for Industries initiative, its strategy of reaching into numerous industries, including health care, insurance and the media, in order to create cloud applications that suit each one’s particular needs. Levie sketched out the plan in an interview with Re/code earlier this year.

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