On Monday, medical software maker Cernerannounced that it has agreed to purchase "health and wellness" company PureWellness for an undisclosed sum. PureWellness offers online health assessment programs, health tracking tools, patient education resources, and similar tools that companies can use to encourage employees and patients to increase their awareness of their health.
Cerner noted that PureWellness brings with it a customer base consisting of "thousands of organizations" servicing "4 million individuals."
Financial terms of the deal were not disclosed, but in a statement, Cerner noted that it doesn't expect PureWellness to have any material impact on its 2013 results. The transaction is expected to close in March.
Cerner shares closed at $85.38, down 2.5%, in Monday trading.
The article Cerner Buying PureWellness originally appeared on Fool.com.
Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.