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Cohen fires back over iSOFT sale

A US company has made an offer for iSOFT, but the founder of the health software group wants to shop around for a better deal.

Paul Smith
Paul SmithTechnology editor
Updated

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The founder and former executive chairman of health software group iSOFT Group , Gary Cohen , has hit back at the company’s key shareholder, ­Oceania Capital Partners , saying it was unjustly trying to rush through a sale of the company to US outsourcer Computer Sciences Corp.

Mr Cohen told The Australian Financial Review he had been approached by a number of alternative prospective buyers, and was entitled to stop OCP selling its stake while the alternatives were pursued.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/technology/cohen-fires-back-over-isoft-sale-20110418-ihtok