Health IT software giant Cerner networks said on Thursday that it is buying Bridge Medical, a subsidiary of AmeriSourceBergen, in a deal valued at approximately $11 million. The acquisition strengthens Cerner's position in the bar-coding market, giving the company another angle in its effort to market its services to hospitals and other healthcare providers. Cerner's stock has fallen slightly over the past few weeks, after reaching a 52-week high late last month.
- see this story from BusinessWeek