CompuGroup completed the acquisition of IT healthcare business of Cerner for $248m.

CompuGroup, a software development company, completed the acquisition of Spanish and German IT healthcare business of Cerner, an IT services provider, for $248m. "With the successful completion of this transaction, we expand our customer base for hospital information systems by more than 300 additional facilities, making us number 2 in Germany and one of the leading providers in public hospitals in Spain. The combination of medico and Selene with CGM's connectivity services and the innovative CGM CLINICAL modules enables us to create significant, long-term added value for our customers. Medico and Selene customers will still be in the best hands with us in the future," Hannes Reichl, CGM Managing Director.