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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QuintilesIMS (NYSE:Q) is a integrated information and technology-enabled healthcare service provider worldwide, dedicated to helping its clients improve their clinical, scientific and commercial results. Formed through the merger of Quintiles Transnational and IMS Health, QuintilesIMS’s approximately 50,000 employees conduct operations in more than 100 countries.
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
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