Brief: CloudMD Acquires Majority Interest In Innovative U.S. Based Provider Of Cloud Based Practice Management And Electronic Health Records With $4.9 Mln In Sales
28/09/2020 13:14
Sept 28 (Reuters) - CloudMD Software & Services Inc DOC.V :
* CLOUDMD ACQUIRES MAJORITY INTEREST IN INNOVATIVE U.S.
BASED
PROVIDER OF CLOUD BASED PRACTICE MANAGEMENT AND ELECTRONIC
HEALTH RECORDS WITH US$4.9M IN SALES
* CLOUDMD SOFTWARE & SERVICES INC - DEAL FOR US$4.4 MILLION
PAYABLE IN CASH
* CLOUDMD SOFTWARE & SERVICES INC - ACQUISITION IS
IMMEDIATELY
ACCRETIVE
* CLOUDMD SOFTWARE & SERVICES INC - ANTWORKS WILL RETAIN A
12.5%
EQUITY STAKE AND REMAIN A STRATEGIC PARTNER FOR CLOUDMD
Source text for Eikon: ID:nGNX4RJy6Q
Further company coverage: DOC.V
((Reuters.Briefs@thomsonreuters.com;))
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