India's Tech Mahindra to buy US healthcare provider
07-Mar-17, ET Healthworld
Tech Mahindra said it would buy US healthcare IT services provider, the HCI Group, for an enterprise value of USD110 mn, as it looks to increase its presence in the healthcare space.
%20The%20Indian%20Express.jpg "Indias Tech Mahindra to buy US healthcare provider (c) The Indian Express")
Image: The Indian Express
“Healthcare is one of the few sectors globally that is driving adoption of digital technologies. The acquisition will not only position Tech Mahindra as a significant player in the healthcare provider space, but will also provide an opportunity to go deeper in this space via EMR implementation and surrounding services,” C P Gurnani, Chief Executive Officer of Tech Mahindra, said in a statement.