BCE Emergis Closes Acquisition of WARE Solutions

Monday 19 January 2004 19:33 CET | News

BCE Emergis and WARE Solutions Corporation have successfully closed the transaction whereby BCE Emergis acquired all of the issued and outstanding shares of WARE Solutions.

Under the terms of the agreement which was previously announced, BCE Emergis paid an aggregate of $4.95 million in cash at a price of $0.2848 for each issued and outstanding share of WARE. WARE Solutions offers Web-based practice management software to health care providers, as well as claims processing and adjudication systems to payer organizations which will upgrade BCE Emergis adjudication platform, enhance its offering, and contribute to its growth strategy in the health claims sector in Canada.

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Categories: Payments & Commerce | Payments General
Countries: World
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