Siemens to buy Malvern company

Article Abstract:

Malvern, PA-based healthcare information-services firm Shared Medical Systems Inc. has agreed to be bought out by Siemens AG of Germany for $2.1 billion in cash and stock. The troubled company rejected an unsolicited takeover bid from Eclipsys Corp. earlier in 2000.

Diversified Companies, Germany, Siemens AG

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Malvern firm is under attack

Article Abstract:

Shared Medical Systems Corp. (Malvern, PA) is the target of a hostile takeover bid by Eclipsys Corp.

Prepackaged software, Computer Software, Software Publishers, Pennsylvania, Software, Eclipsys Corp.

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Malvern firm nears deal with electricity provider in China; Systems & Computer Technology Corp. offers software and training contracts for utilities

Article Abstract:

SCT hopes to ink similar deals in China to the one it is still negotiating. Hebei Electric will license the Synchro customer-management system from SCT to manage rates, schedule service and handle billing. SCT has a network of customers in Hong Kong, which led the company to mainland China for this deal. Hebei Electric has 3 million residential, commercial and industrial customers.

China, Strategic alliances, Systems and Computer Technology Corp., SCTC, Hebei Electric

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