MPS on January 30 said it has agreed to acquire a 100% stake in Unbound Medicine, marking its entry into the healthcare and medical information technology segment. The acquisition will be executed through MPS North America LLC, a wholly owned subsidiary of MPS. The acquisition will be carried out for a cash consideration of $16.50 million, subject to customary adjustments. Founded in 1999, Unbound Medicine provides digital medical reference tools, clinical decision-support solutions and healthcare learning platforms. Its services are delivered through proprietary mobile and web-based platforms and follow a subscription-led institutional business model.
Read the full article: MPS Acquires US-Based Unbound Medicine //
Source: https://www.business-standard.com/markets/capital-market-news/mps-acquires-us-based-unbound-medicine-126013100206_1.html