athenahealth to Acquire Epocrates for $11.75/Share in Cash

WATERTOWN, Mass.--(BUSINESS WIRE)-- athenahealth, Inc.
, a leading provider of cloud-based electronic health record (EHR), practice management, and care coordination services to medical groups and health systems, today announced that it has signed a definitive agreement to acquire Epocrates
, a mobile health pioneer widely recognized for developing the most-widely adopted point-of-care medical application among U.S. physicians. The board of directors of each of athenahealth and Epocrates has agreed to a price of $11.75 per share, in cash, for an aggregate purchase price of approximately $293 million. The purchase price represents a 22 percent premium over the closing price per share of Epocrates on NASDAQ on
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