Lawson To Snap Up Healthvision For $160M

Law360, New York (January 8, 2010, 3:20 PM EST) -- Lawson Software Inc. has announced plans to shell out $160 million in cash for health care technology services firm Healthvision Solutions Inc., a move the company said would boost its ability to streamline information technology processes for hospitals and other clients.

The all-cash acquisition will be achieved through Lawson's purchase of Healthvision's parent holding company, Quovadx Holdings Inc., and is expected to close by the end of January pending regulatory approvals, Lawson said.

Based in Dallas, Texas, Healthvision provides integration and application technology and related services...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.