IDEXX Laboratories Acquires CoVetAI to Advance Veterinary Workflow Intelligence
IDEXX Laboratories has acquired CoVetAI Inc. (CoVet), a rapidly growing provider of AI-native ambient listening and clinical workflow software for veterinary practices; financial terms were not disclosed. CoVet will be integrated into the IDEXX software ecosystem while continuing to support third-party ambient scribe solutions and non-IDEXX practice management systems. Strategically, the deal aims to make patient information more connected across the clinical visit and increase diagnostic utilization over time, building on the more than 10,000 clinics globally that already use IDEXX's cloud-based practice management systems.
Key figures
- Covet user base
- tens of thousands of users across North America, Europe, Australia and New Zealand
- Financial terms
- not disclosed
- Idexx employees
- approximately 11,000
- Idexx countries served
- more than 175 countries and territories
- Idexx cloud pms clinics
- more than 10,000 clinics globally
AI analysis
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