General Dynamics Buying Vangent For $960M
FALLS CHURCH, Virginia (AP) _ Defense contractor General Dynamics said Tuesday it will expand its health care information technology business by buying Vangent Holding Corp. for about $960 million in cash.
Vangent primarily works with U.S. Departments of Health and Human Services, Education, Labor, State, and Defense. It provides a health information exchange, electronic health records and data analytics. The business has more than 7,500 employees.
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