International: Southeast News

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Posted November 08, 2021


RALEIGH – Intelerad Medical Systems is expanding its presence in the Triangle. So much so, the company plans to officially establish its United States headquarters in Raleigh by the end of the year.

The Canadian company, which already employs some 85 people in the Triangle, including 15 employees who joined the firm after Intelerad acquired Triangle-based HeartIT in July, plans to establish a physical office location in Raleigh and is currently hiring about 25 additional positions.

WRAL TechWire’s Jason Parker interviewed Mike Lipps, the company’s CEO, earlier this week, discussing the company’s growth strategy and why it chose Raleigh to establish its U.S. headquarters.

Lipps was previously the CEO for insightsoftware and before that, an executive at LexisNexis. Raleigh-headquartered insightsoftware was backed by the private equity firm TA Associates in 2018, and has now acquired some 20 companies, including acquisitions overseen by Lipps. Recently, insightsoftware received an $800 million investment from Hg Capital, the same firm that acquired Intelerad Medical Systems about a year ago.


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