The legal action taken by iSoft against CSC over its refusal to approve iSoft’s acquisition by IBA has been put...
ISoft now says it is in talks with CSC in relation to the commercial arrangements under which CSC would take a greater role in the management of iSoft’s work on the NHS National Programme for IT.
The two companies are partners in a major NHS IT contract which sees CSC supply services using iSoft’s Lorenzo data records software. CSC had objected to the IBA acquisition, saying the takeover was not in the interests of the NHS contract.
The acquisition relied on consent being given, and CSC’s stance led to iSoft taking legal action earlier this week.
If loss-making iSoft is not refinanced by this November, it faces bankruptcy.
“ISoft continues to seek CSC’s consent to the change in control of iSoft. While these discussions are in progress, iSoft and CSC have agreed temporarily not to take further steps in court in relation to proceedings,” said iSoft.
Tony Collins' blog
Computer Weekly's award winning investigative reporter gives the inside scoop on government IT
Comment on this article: firstname.lastname@example.org