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Mergers and Acquistions News

Categories: Software

December 30th 2009, 17:06PM

Image and information management firm Amicas has announced that it has entered into a definitive merger agreement under which it will be acquired by an affiliate of investment company Thoma Bravo, in a transaction valued at approximately $217 million (£136 million).

When the deal goes ahead, Amicas shareholders will receive $5.35 (£3.35) per share of common stock - an estimated premium of 24 per cent over Amicas' average closing share price during the trading month ending on December 24th, when the deal was agreed.

Dr Stephen Kahane, president, chief executive officer and chairman of Amicas, commented: "We look forward to continuing our mission to provide the best solutions for image and information management in healthcare.

"We believe that working with Thoma Bravo will enable us to focus our resources on our business and our customers."

Last month, Amicas displayed its enterprise imaging automation solutions at the 2009 Radiological Society of North America annual meeting in Chicago, Illinois.ADNFCR-1833-ID-19534546-ADNFCR

 

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