SAIC Completes $473M Health IT Consultant Buy; Joe Craver Comments

SAIC Inc. has completed its 3 million acquisition of healthcare information technology consulting firm maxIT Healthcare Holdings Inc., SAIC announced Monday. SAIC announced in July it agreed to buy the Westfield, Ind.-based firm, saying it planned to pay up to $20 million to maxIT Healthcare shareholders after the receipt of certain tax credits. Nearly 1,300 maxIT Healthcare employees have joined...

SAIC to Buy Health IT Consultant for $473M; Joe Craver, Steve Comber Comment

SAIC Inc. (NYSE: SAI) has agreed to acquire Westfield, Ind.-based healthcare information technology firm maxIT Healthcare Holdings for $473 million cash. SAIC said Tuesday it expects the transaction to close in August and will pay up to $20 million to maxIT Healthcare shareholders after the receipt of certain tax credits. Joe Craver Nearly 1,300 maxIT Healthcare employees will join SAIC’s health...