Technology | 2009.12.08
Providence Equity Partners Invests in ikaSystems to Support Significant Growth Opportunities in Healthcare Payer Market
SOUTHBOROUGH, Mass. & PROVIDENCE, R.I.--(BUSINESS WIRE)--ikaSystems Corporation and Providence Equity Partners LLC, a global private equity firm managing over $22 billion, announced today that Providence has invested in ikaSystems. Terms of the transaction were not disclosed. ikaSystems, a provider of enterprise-level Web-based technologies for the healthcare payer market, will use the proceeds to fund future growth, including enhancing project management, account management and implementation s
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