CSC's iSoft takeover done and dusted

Stephen Withers
Monday, 01 August 2011 11:12

IT Industry - Listed Tech

With the legal action out of the way, CSC has closed its acquisition of Australia-based healthcare IT developer iSOFT.

The last legal hurdle to CSC's takeover of iSOFT was cleared last month, and CSC today announced the acquisition had been completed.

"The completion of this acquisition is a milestone in the expansion of our global healthcare business," said Michael Laphen, CSC chairman, president and CEO. "CSC is at the forefront of emerging healthcare technologies, giving our clients access to an expanded range of innovative capabilities."

"Joining forces with CSC is a major step forward for iSOFT, putting us in a position to accelerate the delivery of our Innovation Agenda", said Andrea Fiumicelli, former CEO of iSOFT and newly-appointed chief operating officer of CSC's healthcare business.

"By combining both organisations we have created a major force in the healthcare industry with significant opportunities for future growth through richer solutions and much enhanced access to the global market. Building on this platform, our ambition is to become one of the world's leading healthcare IT suppliers."

iSOFT's 3000 employees around the world are now on the CSC payroll. The company claims iSOST software is used by more than 13,000 healthcare providers and governments in 40 countries.