Brief: Evolent To Acquire AI Utilization Management Products, Team From Machinify
04/06/2024 12:35
June 4 (Reuters) - Evolent Health Inc EVH.N :
* EVOLENT SIGNS AGREEMENT TO ACQUIRE ARTIFICIAL INTELLIGENCE
UTILIZATION MANAGEMENT PRODUCTS AND TEAM FROM MACHINIFY
* EVOLENT HEALTH - ACQUISITION IS IMMATERIAL TO EVOLENT'S
REVENUE
OUTLOOK AND IS ESTIMATED TO BE NEUTRAL TO ADJUSTED EBITDA IN
FIRST YEAR AFTER CLOSING
Source text for Eikon: ID:nPnbTlQBla
Further company coverage: EVH.N
((Reuters.Briefs@thomsonreuters.com;))
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