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iSoft and CSC settle dispute

19th June 2007

The row between iSoft and Computer Sciences Corporation - partner firms in the NHS £12bn IT programme - has been resolved.

The development now allows the bid for the UK software house from IBA of Australia to go ahead. iSoft said it would drop legal proceedings against CSC, while CSC said it would no longer seek to block the bid for iSoft.

Shares rose 7.5% in Isoft and its chairman John Weston said: “Our relationship with CSC has clearly been tested in recent weeks, however, this agreement underpins our good working relationship which we look forward to continuing?.

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Article Information

Title: iSoft and CSC settle dispute
Author: Mark Nicholls
Article Id: 3184
Date Added: 19th Jun 2007

Sources

The Financial Times

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