Wednesday, January 24, 2007
ACS Buys Software Provider For Healthcare Space
Dallas, Texas-based Affiliated Computer Services has acquired Atlanta-based Albion, Inc., a company specializing in software for the health and human services market. ACS will buy Albion for approximately $30M in cash. Albion is currently owned by Cambridge Solutions Limited. ACS, a provider of business process outsourcing and IT management, said that the acquisition would allow it to offer solutions for health and human services programs, including temporary assistance for needy families, food stamps, Medicaid, and child care.