Computer Sciences Corp. will acquire Australia-based iSOFT Group Limited, a financially troubled global health information technology vendor serving 13,000 provider organizations in 40 nations.
Falls Church, Va.-based CSC will pay A$0.17 a share for iSOFT and is not disclosing the total price, but Reuters pegs it at about $188 million. The companies have been partners as iSOFT, which sells information systems to hospitals and physicians, is a subcontractor to CSC in England providing technology to hospitals in the National Health Service.
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