Business

Mass. Movers

Athenahealth to buy app firm for $292m

Jonathan Bush is CEO of athenahealth.

Pat Greenhouse/Globe Staff

Jonathan Bush is CEO of athenahealth.

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.

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