Evolent To Acquire Certain Assets Of Machinify And The Exclusive, Perpetual And Royalty-Free License Of Machinify Auth; Terms Not Disclosed
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Evolent Health (EVH) announced its acquisition of certain assets of Machinify and an exclusive, perpetual, and royalty-free license of Machinify Auth. The terms of the deal were not disclosed.
June 04, 2024 | 11:05 am
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Evolent Health is acquiring certain assets from Machinify and an exclusive, perpetual, royalty-free license for Machinify Auth. The financial terms were not disclosed.
The acquisition of Machinify's assets and the license for Machinify Auth could enhance Evolent Health's service offerings and competitive position in the healthcare technology market. The lack of disclosed terms introduces some uncertainty, but the strategic nature of the acquisition is likely to be viewed positively by investors.
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