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Advanced Computer Software Group Plc Announces Acquisition Of Avia Health Informatics Business

Friday, 27 Sep 2013 03:20am EDT 

Advanced Computer Software Group Plc announced that it has purchased the business of Avia Health Informatics PLC, the developer and provider of clinical decision support and referral facilitation software. The purchase consists of the acquisition by Advanced of 100% of the share capital of Avia's trading subsidiary, Plain Healthcare Limited, in consideration for the assignment and novation of the obligations of Avia under the GBP350,000 convertible loan note owed to Advanced following its investment in Avia in September 2012. The acquisition is subject to approval by Avia's shareholders and is expected to complete on or around October 16. 2013. 

Company Quote

24 Oct 2014