Home » News » Currently Reading:

Tech Mahindra Will Acquire The HCI Group for $110 Million

March 6, 2017 News 1 Comment

image 

Mumbai, India-based IT services firm Tech Mahindra will acquire consulting firm The HCI Group for $110 million.

Tech Mahindra said in a statement, “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 route.”

Jacksonville, FL-based The HCI Group reports annual revenue of $114 million and has 500 employees.

Tech Mahindra has annual revenue of $4.2 billion and has 117,000 employees in 90 countries. It is part of the Mahindra Group conglomerate.



HIStalk Featured Sponsors

     

Currently there is "1 comment" on this Article:

  1. Not a comment on your content, but I appreciate how open you are when you get something wrong, “(update: I incorrectly stated that new purchases reported to the SEC on Friday had raised Elliott’s ownership to 16 percent, but it remains at 8.3 percent).” It’s refreshing, and appropriate. Thanks much.







Text Ads


RECENT COMMENTS

  1. It seems that every innovation in the past 50 years has claimed that it would save money and lives. There…

  2. Well, this is predicting the future, and my crystal ball is cloudy and cracked. But my basic thesis about Meditech?…

  3. RE Judy Faulkner's foundation wishes: Different area, but read up on the Barnes Foundation to see how things work out…

  4. Meditech certainly benefited from Cerner and Allscripts stumbles and before that the failures of ECW and Athena’s inpatient expansions. I…

  5. Yes, Meditech will talk your ears off about Expanse. There are multiple factors at play here which undercut both Meditech…

Founding Sponsors


 

Platinum Sponsors


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gold Sponsors