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Ascom Holding AG acquires Italian medical software company UMS (United Medical Software).
With acquisition of UMS, Ascom will gain access to new software and competence for global integrated workflow solutions in healthcare ICT.
Purchase price amounts to mid-single digit millions in Swiss francs.
In addition, Ascom has agreed to an earn-out payment in low-single digit millions in Swiss francs, dependent on achievement of agreed revenue targets.
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