IMS Health €385 million acquisition of Cegedim information solutions and CRM businesses

Overview:

• Healthcare information services company IMS Health has acquired the information solutions and CRM businesses of Cegedim in a €385 million deal.
• The acquisition was financed with a combination of cash and credit facilities.
• The deal was first announced in June 2014.
• IMS Health is a US-based company that provides information, services and technology for the healthcare industry, while Cegedim is a global supplier of healthcare technology headquartered in France.

Kurt Stumpo - Journalist