CSC Completes the Acquisition of iSOFT

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healthcare IT news CSC, a leading company providing healthcare IT solutions, announced that it has completed the acquisition of iSOFT Group Limited. The latter is a major company offering healthcare IT solutions.

The acquisition will significantly enhance CSC’s position in healthcare IT market. In addition, it will improve the company’s research and development capabilities. Following the acquisition, CSC will be operating iSOFT’s major research and development centers, which are located in various countries such as Australia, New Zealand, India, UK, Spain, in addition to Central Europe.

iSOFT’s healthcare IT solutions have been used by nearly 13,000 healthcare professionals in 40 countries. The solutions provided by the company are implemented in 8,000 hospitals and clinics all over the world.

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

On the other hand, Andrea Fiumicelli, former CEO of iSOFT, said "Joining forces with CSC is a major step forward for iSOFT, putting us in a position to accelerate the delivery of our Innovation Agenda" Mr. Fiumicelli will serve as a Chief Operating Officer of CSC's healthcare business.

He continued "By combining both organizations 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."

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