CSC has closed its $460 million buyout of healthcare software provider iSoft, a fortnight after clearing regulatory hurdles.
The services giant, which had been iSoft's biggest customer since 2004, said it put it "in a good position" to service Australian e-health and telehealth programmes.
It cleared its first major regulatory hurdle in June when it was cleared by the European Union that ruled it "would not significantly reduce competing IT service providers' access to healthcare software" especially in Britain where the merging parties' market shares were highest.
About three weeks later, it cleared the Federal Court of Australia and won the approval of shareholders.
Health provider iSoft ceased trading on the Australian Stock Exchange on July 19.
Copyright © iTnews.com.au . All rights reserved.
Issue: 333 | November 2014
Access CRN's extensive online resources including; email bulletins, community discussions and unique online news.
Processing registration... Please wait.
This process can take up to a minute to complete.
A confirmation email has been sent to your email address - SUPPLIED GOES EMAIL HERE. Please click on the link in the email to verify your email address. You need to verify your email before you can log on to the CRN website or start posting comments on articles.
If you do not receive your confirmation email within the next few minutes, it may be because the email has been captured by a junk mail filter. Please ensure you add the domain '@crn.com.au' to your white-listed senders.