Friday, Apr 19 2024 | Time 05:07 Hrs(IST)
image
Business EconomyPosted at: Sep 13 2016 2:14PM


Atos to buy Anthelio for $275 mn

New Delhi, Sep 13 (UNI) Global digital services provider Atos today announced it has signed a share purchase agreement to acquire Anthelio Healthcare Solutions, the largest independent provider of healthcare technology solutions in North America, for an enterprise value of 275 million dollars.
Atos will be acquiring Anthelio from Actis, a London-based growth markets investment firm.
This acquisition fully financed by cash uniquely positions Atos to reach a broader customer base in the US healthcare market by strengthening the scale and scope of its services, the company said in a statement.
“We are pleased to welcome the Anthelio team to Atos. With their strong and loyal customer base and our combined commitment to providing a world-class customer experience, our ambition with Anthelio is to reinforce our Healthcare footprint in the U.S. and to become the leader in digital healthcare solutions”, said Michel-Alain Proch, Group Senior Executive Vice President and CEO North American Operations, Atos.
Asif Ahmad, CEO, Anthelio Healthcare Solutions said, “Our vision has always been to drive high value for healthcare organizations by solving complex clinical and business problems. Combining Atos’ leadership in global digital services with Anthelio’s leadership in Healthcare Technology and Revenue Cycle Management is unprecedented. This acquisition addresses the many core clinical and financial processes that hospitals and physicians are faced with today”.
Anthelio generates about 200 million dollars of annual revenue growing at eight per cent.
It would bring over 1,700 healthcare professionals to Atos, of which 1,300 are in the US and 400 in India.
UNI ASH ADG 1416
Please log in to get detailed story.
Tags: #Atos to buy Anthelio for $275 mn
More News

Bajaj Auto net profit at Rs 1936 cr in Q4; clocks all-time high revenue in FY24

18 Apr 2024 | 6:46 PM

New Delhi, Apr 18 (UNI) Two wheeler auto major Bajaj Auto on Thursday announced 29 percent jump in its revenue in Q4 (January-March) at 11,485 crore, led by the broad based buoyancy that was sustained on the domestic business and aided by steady exports.

see more..

Entering share market can boost growth of SMEs: Infopark event

18 Apr 2024 | 6:31 PM

Kochi, Apr 18 (UNI) Small and marginal companies in Kerala enjoy immense scope for growth by entering the stock market, experts said at an Infopark-organised event here on Thursday.

see more..

18 Apr 2024 | 6:09 PM

New Delhi, Apr 18 (UNI) Angle One, a retail stock broking house in India, today announced 31 per cent jump in net profit at Rs 340 crore during Q4 of the last financial year over Rs 260.3 crore in the previous quarter.

see more..

Microsoft and ByteXL join hands to Present HackXcelerate 2024 at CBIT in Hyderabad

18 Apr 2024 | 5:57 PM

Hyderabad, Apr 18 (UNI) Microsoft, a global technology leader, has joined hands with ByteXL, a pioneering EdTech platform, to present HackXcelerate 2024, a nationwide hackathon aimed at igniting creativity and enhancing problem-solving skills among students.

see more..

Honda Motorcycle & Scooter India inaugurates new Engine Assembly Line for CKD exports

18 Apr 2024 | 5:46 PM

Gurugram, Apr 18 (UNI) Honda Motorcycle & Scooter India (HMSI), one of the country’s leading two-wheeler manufacturers, has announced a significant milestone in its journey.

see more..
image