Box Acquires Y Combinator-backed MedXT To Bolster Its Healthcare Push

TechCrunch

This morning Box, an enterprise-focused cloud storage and productivity company announced that it has acquired MedXT, a smaller firm that provides a cloud-based file storage system for medical imaging.

The acquisition fits into Box’s recently announced strategy to pursue a number of industry verticals, which it calls Box for Industries. Healthcare was mentioned specifically at its recent BoxWorks conference.

According to Box’s CEO Aaron Levie, the acquisition helps Box deal with « interoperability » between sources of healthcare information. Balkanization of that data, according to the executive, « has long hampered [the nation’s] ability to deliver efficient, high-quality care. »

Box’s work to drill into specific industries may give it an edge within market niches — as the larger cloud storage market becomes commoditized, Box, Dropbox, and other providers of storage are racing to build value-added services to their technology stacks in hopes of standing out. For Box, which announced new medical customers in recent…

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