Evolent Health Expands Offerings with Machinify Asset Acquisition

Evolent Health (EVH) has issued an announcement.

Evolent Health, Inc. has announced a strategic move to enhance its offerings by acquiring assets and a perpetual license from Machinify for $25 million, with an additional earn-out potential of $7 million. The completion of this deal, expected by the third quarter of 2024, is subject to standard closing conditions. However, the company cautions that these forward-looking statements are not guarantees of future performance, and actual results may differ. For a detailed understanding of the risks involved, the company advises consulting its recent filings with the U.S. Securities and Exchange Commission.

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