Mergers & Acquisitions
By The Online Investor Staff, updated Wed., Mar. 3, 9:25 PM
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Slide #79. CloudMD Software & Services Inc. — IDYA4
Acquirer:
CloudMD Software & Services Inc. (CVE:DOC.CA)
Acquiree:
IDYA4
Details:
CloudMD Software & Services Inc. (TSXV: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the "Company" or "CloudMD"), a healthcare technology company revolutionizing the delivery of care, is pleased to announce that it has signed a definitive agreement (the "Agreement") to acquire IDYA4, a leading health technology company focused on data interoperability and cybersecurity based in the United States. Since announcing the binding agreement in December 2020, IDYA4 has closed various new contracts and waiting task orders to be finalized for approximately $1.5Million (USD).
CloudMD Software & Savings a Canadian company that engaged in the global health care industry. Co. provides physiotherapy, massage therapy, conditioning and return to work treatment supervised by a medical team specializing in Physical Therapy. These services are provided to patients who are recovering from accidents, surgery, sport injuries, strokes and other neurological conditions. Co. offers Speech Language department, specializing in pediatric services to infants and children with short term delayed language and development conditions. Co. also holds national contracts with insurance companies and government agencies.
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