New £160m iSoft offer

NHS software firm iSoft today agreed a £160m (€238m) offer from German software company CompuGroup.

The announcement marks a switch of allegiance for Manchester-based iSoft, which had previously recommended a £132.3m (€197m) bid from Australian software firm IBA Health.

Under the deal, CompuGroup has agreed to sell parts of iSoft’s UK businesses working on a new £12bn (€17.9bn) NHS patient records database to US company Computer Sciences Corporation, the firm which subcontracts the NHS work to iSoft.