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IBM to buy Initiate Systems
PTI
Last Updated IST

IBM expects to close the transaction in the first quarter of 2010 after regulatory clearance. Financial details of the deal were not disclosed. Initiate’s software helps healthcare clients work more efficiently with timely access to patient and clinical data besides enabling governments to share information across multiple agencies. Initiate Systems would complement IBM’s health-care portfolio.

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(Published 04 February 2010, 21:01 IST)