Health care technology company athenahealth Inc. said it’s buying California medicine-app maker Epocrates for about $292.2 million in cash in an effort to attract more physicians and offer them more services. Under the terms of the agreement, the Watertown-based company will pay $11.75 per share for Epocrates. That’s 22 percent above the company’s Jan. 4 closing stock price of $9.62. About 330,000 doctors use Epocrates’ apps as reference tools, often on iPhones.
Athenahealth to buy app firm for $292m
| Associated Press January 13, 2013
Read it all, now.
Don't miss any of your favorite stories again. Read the stories that matter to you as much as you want, whenever you want when you subscribe to BostonGlobe.com.
Get full access today for just 99¢