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News : IMS Health Offer to Purchase Cegedim’s Information Solutions Approved
Danbury, Conn., Oct 17, 2014 -- IMS Health announces that following successful completion of works council information and consultation requirements in certain countries, the Cegedim Board of Directors has approved IMS Health’s offer to acquire certain Cegedim information solutions and Customer Relationship Management (CRM) businesses, and a definitive purchase agreement has been executed.
The proposed transaction, announced on June 24, 2014, is subject to customary regulatory and other closing conditions. IMS Health continues to expect closing the transaction in early 2015.
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About IMS Health:
IMS Health is a leading global information and technology services company providing clients in the healthcare industry with comprehensive solutions to measure and improve their performance. By applying sophisticated analytics and proprietary application suites hosted on the IMS One intelligent cloud, the company connects more than 10 petabytes of complex healthcare data on diseases, treatments, costs and outcomes to help its clients run their operations more efficiently.
Founded in 1969, Cegedim is a global technology and services company specializing in the healthcare field. Cegedim supplies services, technological tools, specialized software, data flow management services and databases. Its offerings are targeted notably at healthcare industries, life sciences companies, healthcare professionals and insurance companies. The world leader in life sciences CRM, Cegedim is also one of the leading suppliers of strategic healthcare industry data. Cegedim employs 8,600 people in more than 80 countries and generated revenue of €874 million in 2009.
Published: Tuesday, October 21, 2014