Article Image

Alcidion Ltd (ASX:ALC) has announced the acquisition of Silverlake.

Alcidion Ltd (ASX:ALC) has announced the acquisition of UK-based patient administration software (PAS) company Silverlink in cash for ?33m (A$61.1m). Alcidion CEO Kate Quirke said the acquisition is ?very exciting for Alcidion and clearly aligns with our acquisition strategy of expanding our product offering, increasing our UK market presence, and providing a positive contribution to our financial performance.

Following the announcement, shares of ALC were in a trading halt.

More stories from Grafa
Check out other news relating to this publisher