Veradigm Acquires ScienceIO for $140 Million
February 27, 2024
Veradigm Inc. has signed a definitive agreement to acquire ScienceIO, a healthcare-focused AI and language-model platform, for $140 million in cash with approximately $44 million deferred. The acquisition will allow Veradigm to integrate ScienceIO's AI capabilities with its large healthcare data set to build proprietary large language models and accelerate product enhancements across provider, payer and life sciences businesses.
- Buyers
- Veradigm Inc.
- Targets
- ScienceIO
- Industry
- AI & Machine Learning
- Location
- New York, United States
- Transaction Type
- Buyout
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