View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
June 26, 1997updated 05 Sep 2016 1:02pm

WANG RESTRUCTURES HEALTHCARE UNIT

By CBR Staff Writer

Wang Laboratories Inc has joined with five other companies to create an independent operating company out of its healthcare software subsidiary. Wang Healthcare Information Systems, in which Wang will retain a 48% stake, has an initial capitalization of $14m, and is backed by Quantum Industrial Partners LDS, Itochu Corp, Itochu Techno-Science Corp (CTC), MIM Corp and the Behrakis Trust. Wang already has a deal in place with CTC to distribute a Kanji version of the company’s clinical information management system in Japan. Wang says it hopes the partnership will speed up its return on the investment.

Websites in our network
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
I consent to New Statesman Media Group collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU