CSC to acquire Image Solutions
- December 7, 2010
CSC, an information technology company in Falls Church, announced Tuesday that it has signed a purchase agreement to acquire Image Solutions Inc., (ISI) a move that will expand CSC’s footprint in the life sciences industry.
Pending approval from ISI shareholders, the deal is expected to close by the end of the year. Financial terms were not disclosed.
Image Solutions has more than 450 employees in offices in the U.S., United Kingdom, Germany, China and Korea. It’s a leader in the electronic submission of new drug applications. Its operations in health-care business-process outsourcing and software design and integration are expected to give CSC a new set of clients.
“The combination of these companies will establish CSC as a strong player in healthcare IT,” Jinsoo Kim, ISI’s founder and CEO said in a statement.