CSC buyout of iSoft confirmed

After weeks of speculation, acquisition is now official

Services giant CSC is to acquire health software maker iSoft, following a period of speculation and rumour and the halting of trading of iSoft shares on the Australian Securities Exchange last week.

CSC will pay $US188 million for the firm, which has clients in the healthcare sector worldwide, including in New Zealand, where most district health boards are customers.

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