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Details unclear in CSC's iSOFT buy

CSC confirmed the proposed buyout over the weekend, with the pair having long been partners in the UK Government's makeover of its national health research systems.

CSC Australia chief Gavin Larkings said the company had not commenced discussions with any of iSOFT's large shareholders - only the e-health company's management staff, which has backed the buyout. Pettigrew said she wasn't surprised to hear speculation in the press over the past few days that former iSOFT chief Gary Cohen - who nevertheless retains a large stake in the business - could impact the proposed buyout, given what she described as "an emotional" history in the company.

DST Global Solutions, a market-leading provider of Investment Management software and services, today announced a new major release of the Bluedoor wealth management system for investment administration and registry. The latest Bluedoor 2.0 release offers financial institutions, fund administrators and asset managers seamless Direct Equities Trading, Model Portfolio and Term Deposit STP capabilities all on the one research platform.

More information: Itwire
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